Sentences with phrase «of moral hazard»

As this hypothetical makes clear, hiring a sub makes a lot of sense (even if it marginally increases the risk of moral hazard for teachers contemplating a mental health day).
There has been criticism of this proposal for avoiding issues of moral hazard in debtor countries.
Many economic definitions of moral hazard recognise the possible injustice of risks transferred to other parties as a serious problem.
This type of moral hazard occurs when those who take economic decisions are not required to accept the full consequences, when that decision turns out badly.
Instead of focusing on the concepts of moral hazard, religious communities experience ethics in terms of human flaws and redemption.
A subtle version of moral hazard was at work ahead of the financial crisis.
But this too is an unnecessarily limited definition of moral hazard.
The same kind of moral hazard problem exists in resource extraction industries, and is solved in a not - entirely - dissimilar way.
Certain situations are not insurable risks because of the moral hazard.
In this webinar We examined the actual and threatened exercise of the moral hazard powers, the implications of regulatory investigations, and the impact for corporates.
Of course, there is also an issue of moral hazard that Mr. Paulson created when he insured money market funds.
Among the case studies examined through the lens of moral hazard is one featuring a freeloading husband obliviously exploiting his wife's energy and tolerance, never helping around the house or spending quality time with her and the kids.
Yet both pensions and cemeteries are exposed to the same risks of moral hazard on the part of providers, and of the funds set aside proving to be in inadequate, especially in a low - interest rate regime.
If the combination of moral hazard and the understandable reluctance of governments to enlarge the international lender - of - last - resort leaves the feeling that the problems have not been fully resolved, then a further — more controversial — element is on the agenda in some quarters.
Now those that remain are the better capitalized companies with decent risk control, and those that got rescued by the government, leaving a legacy of moral hazard.
Reasons for resistance include the possibility of moral hazard in reducing principal, unfairness to borrowers who are able to pay their mortgages, and harm to the banks bottom lines.
Four areas of moral hazard very much affect Third Avenue Value Fund (TAVF).
Greenspan was more of a political operative than an academic, and as such, fairly pragmatic as he threw liquidity at every crisis, creating a climate of moral hazard.
There is a lot of moral hazard involved in rescuing countries in the Eurozone.
For my part I think we need a lot more careful research across the whole panoply of possible techniques; and carefully targeted policy and funding effort to develop and deploy selected CDR techniques in a timely fashion, alongside governance frameworks that minimize the effects of moral hazard.
But the other argument mobilised against concerns of moral hazard appears more grounded.
This is the opposite trend to that implied by the «we didn't talk about adaptation for fear of moral hazard» argument, which would suggest the mitigation literature should be more prolific, at least until more recent years.
There could be no more vivid illustration of moral hazard; yet it is into this political and business environment that geoengineering arrives as the next great white hope.
While geoengineering researchers acknowledge the problem, they tend to be vague and dismissive about the likelihood of moral hazard.
The concept of moral hazard holds that people often make poor decisions when they are insulated from the risks associated with their actions.
Perhaps a bit of moral hazard... I'll claim one wants to push back when on's case in either law or logic is weak, as you can get held up to public ridicule, as happened here.
Our leading pensions regulatory team has worked on a number of the most significant Pensions Regulator investigations, including some which have led to the exercise by the Pensions Regulator of its moral hazard powers.
However, Insurer will have the right to decline revival of the policy based on the grounds of moral hazard and / or medical conditions.
@Philipp - it has non-economic political components on top of direct economic ones (inasmuch as «free college» has social and political long term implications - and so does «it's OK to default on debt» signal in terms of moral hazard).
Certain situations are not insurable risks because of the moral hazard.
In order to reduce the risk of moral hazard, it would be ideal to follow the so - called «Blue Bond» proposal and limit the amount that Eurozone member states can obtain through Eurobonds to a certain debt - to - GDP ratio.
The issue of moral hazard is still present, but has been framed in terms that resonate within the lived traditions of faith communities.
That creates a situation where the policy would be written in such a way as to encourage abuse, which is essentially the definition of a moral hazard.
Key to the principal agent relationship is the problem of moral hazard, where multiple agents retain conflicting goals that are not always in line with those of the principal.
One question that often arises from situations like the recent, unusual, drop in US interest rates and the economic stimulus package to support the markets is one of moral hazard.
Just under the surface of the Lisbon workshop lurked the ever - present worry among scientists that exploring geoengineering could dissuade the public from aggressive and expensive emissions - cutting measures — the risk of moral hazard.
What is clearly unjustified is simply dismissing the risk of moral hazard.
Regardless of cost, calling in outside experts helps reduce the risk of moral hazard, especially if the people charged with e-discovery are the same people who have something to hide.
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