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MORAL HAZARD

Statistics Directorate    
French Equivalent: Risque morel

Definition:
Moral hazard describes behaviour when agents do not bear the full cost of their actions and are thus more likely to take such actions.

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014