Moral hazard and adverse selection are both terms used in economics, risk management, and insurance to describe situations where one party is at a disadvantage to another. Moral hazard occurs when ...

William Culbert is a retired physician who lives in Oak Ridge. This article originally appeared on Oakridger: The moral hazard of travel ...

Income-Driven Repayment (IDR) plans tie student loan repayment to income and forgive unpaid debt after certain years of repayment. We investigate how these features affect one’s career choices through ...

Although it has been argued that IMF financing may create moral hazard, it is not easy to find clear evidence of such an effect. If the extent of IMF-induced moral hazard were known, any costs would ...

I will be the first to concede that this "moral hazard" theory of IMF lending is clever, having spent many years in the 1980s studying it and writing papers about it (including a 1988 piece with ...

Hall, Brian J., and James G. Bohn. "The Moral Hazard of Insuring the Insurers." In The Financing of Catastrophe Risk, edited by Kenneth A. Froot. Chicago: University of Chicago Press, 1999.