Moral Hazard

One concept. Four tiers of command. Which do you speak?

Category: Strategy

Foundational Lexiconrisky because protected
Executive Parlanceincentive misalignment
Scholarly Discourseasymmetric risk distribution
Babel ZenithBailout Expectation
Origin: Economics

Etymology & Meaning

Taking excessive risk because someone else bears the consequences.

In the Boardroom

Understanding why banks take risks they shouldn't.

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