Moral Hazard

Something to be avoided in life, a moral hazard is an incentive to cheat that is built into the system, whether that system be a contract, set or rules or government institution.

See also Negative Skewness.

This bit of jargon has been viewed 7,420 times.

Blog Link Copy to Clipboard
What is this?

Return To Economics Jargon

Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com

Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory