moral hazard - definition of moral hazard by The Free Dictionary

moral hazard - definition of moral hazard by The Free Dictionary

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日期:2024-06-02
Moral hazard was the term Arrow (1963) used to describe this kind of change in the behavior of the insured people, which has been shown to be welfare decreasing (Pauly 1968). ... Disclaimer All content on this website, including dictionary, thesaurus, lit...看更多