| Kieli | Käännökset |
|---|---|
| hollanti | moreel wangedrag, moreel risico |
| ranska | hasard moral |
| Monikko | moral hazards |
(economics, insurance) The prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk.
The blue line represents the downward sloping marginal benefit curve. The orange line represents the constant $10 marginal cost curve without insurance. The green star is the market equilibrium. When the individual is insured, the marginal cost curve shifts down to 0, leading to a new equilibrium at the yellow star.