• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Moral Hazard

Moral hazard involves actions by economic agents pursuing their own interest to the detriment of others, in situations where they do not bear the full consequences or do not enjoy the full benefits of their actions due to uncertainty and incomplete ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles