Sentences with phrase «with moral hazard»

This presents us with a moral hazard.

MacKenzie, I. A., Ohndorf, M. and Palmer, C.: 2012, Enforcement - proof contracts with moral hazard in precaution: ensuring «permanence» in carbon sequestration, Oxford Economic Papers 64 (2), 350 — 374.

And it is the best way to deal with the moral hazard problem.

But low interest rates, along with the moral hazard created by implicit guarantee of nearly all approved lending, led almost inevitably to a collapse in investment discipline.

Not exact matches

This, combined with widespread moral hazard, had inevitably to result in both tremendous misuse of capital and a sharp decline in the consumption share of GDP (as the household income share declined)-- both of which of course happened to a remarkable degree in China.

Unfortunately, subsequent G - 20 summits returned to their traditional lethargy and misguided preoccupation with fiscal austerity, monetary normalization, and moral hazard, ending up missing opportunities to accelerate the recovery.

Despite all the whining about moral hazard, bubbles and debt, fed policy has been a resounding success at helping turn the boom - bust cycle into mostly a boom — with very brief recessions in - between.

That's the paradox of it: the nobility of knowing what you're going to see and expose yourself to and the moral hazards that you're going to experience in undertaking your duty with honor and with pride.

The homosexual issue, like adultery, fornication, etc.) is not a «save you for heaven» issue,» it's a «save you from harm» issue, complete with moral and relational traps and hazards, and myriad negative consequences.

I still believe that abortion is the killing of a human life, that homosexuality is a sin, and that there is an inherent moral hazard associated with welfare.

A key problem with bailing out institutions that are deemed «too big to fail» is moral hazard - as commentators from both left and right have emphasised, it lets «systemically important institutions» get away with making risky or even stupid decisions, and still survive.

«If moral hazard is sweeping the problem under the rug, and pushing more of it to future generations, and making it look like you are meeting the targets when you are not,» he says, «that is for sure what's happening with BECCS now.»

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.

The question is whether the tendency of the monetary regulators to respond to widespread market drops with action to push more cash into the system creates a moral hazard...

In fact, the moral of the Pacific Northwest earthquake - unpreparedness story is this: Even when a catastrophic hazard is inevitable, and when costly and deadly impacts could be mitigated with advance investments and policy shifts, we (actually, you) don't push to make the changes.

The key problem with this «moral hazard» argument is the hypothesis that «cost - effective, proven, scaleable CDR solutions» are poised to proliferate at greater rates than GHG emission mitigation technologies (such as renewable energy and energy efficiency) that are required to decarbonize our economy.

«The Committee argues that, as a society, we have reached a point where the severity of the potential risks from climate change appears to outweigh the potential risks from the moral hazard associated with a suitably designed and governed research program.»

Many label this effect a «moral hazard» — echoing the economists» explanation of why «too - big to fail» banks happily took excessive risks with other people's money.

Discussing it, as Morton does, with open reference to the moral hazards involved and the potential justice implications is a positive step forward in developing responsible discourses of climate futures.

The arguments raised against such a concern by advocates for geoengineering research often include ones from three groups: first, largely semantic objections to the term «moral hazard»; second, arguments that taking on more climate risk would be the rational response; and third, claims that experience with the adaptation debate somehow disproves the effect.

And in psychological experiments, people with «self - enhancing» values — those that relate to the accrual of wealth, power or status to oneself - were found to be more vulnerable to the moral hazard in geoengineering.

For these advocates, the moral hazard problem evaporates because there is nothing wrong with reducing abatement incentives if a cheaper means of responding to climate change is available.

The failure of many climate researchers to match their warnings about global warming with their actions is «the great moral hazard» that they face, Moore told me.

The concept of moral hazard holds that people often make poor decisions when they are insulated from the risks associated with their actions.

He called Gitmo a «moral hazard» and said the fact that the Supreme Court «had to order the president to treat detainees in accord with the Geneva Convention» was disgraceful.

These moral hazard powers can impose liability on individuals who fall within the statutory tests for being connected or associated with the employer.

More seriously, it enforces compliance with statutory «moral hazard» requirements that can operate to impose joint and several group - wide liability for pension scheme underfunding — without any question of fault or bad faith arising.

This means the moral hazard, if it's anywhere, will be on the plaintiff side — but not if the ethical prohibitions against participating in frivolous suits (as well as rule 11 etc.) were incorporated into insurance company contracts, so that plaintiffs would not have the opportunity to moral - hazardly overuse their insurance lawyer services for frivolous litigation... in fact, the whole notion of moral hazard with lawyers seems to be implausible, since unlike doctors, one generally knows when one is being screwed and needs the legal system.

It would be a foolish moral - hazard - actor indeed who took advantage of an insurance company lawyer to overlitigate a lost case and then get socked with major sanctions.

Additionally, there is a moral hazard associated with renters insurance with no upfront payment.