The phrase " Too big to fail" is a perfect example of moral hazard.

" 大而不倒" 这句话德风险的完美例子。

That leads us to moral hazard.

它导致了德风险。

Its Nobel Prize reminds us all of the moral hazard in imagining that the poor and vulnerable are somebody else's problem.

它的诺贝尔奖提醒我们所有人，想象穷人和弱势群体别人的问题会德风险。

The insurance companies are well aware of the problem called " moral hazard" .

保险公司很清楚一个叫做“德风险”的问题。

They call it " moral hazard." Should there be amnesty for immigration violations?

他们称为“德风险”。否应该对违反移民规定的行为实行特赦？

These days, when economists talk about moral hazard, they're talking about what incentivizes certain behavior.

这些天， 当经济学家谈论德风险时，他们指的激励了某种行为。

This is one side of the so-called moral hazard.

这所谓德风险的其中一面。

No, this has any extraordinary moral hazard.

不，这没有任何特殊的德风险。

This is particularly important if the estimation of moral risk is appreciable.

如果对德风险的估计可观的，这一点尤其重要。

So moral hazard here is the problem.

所以这里的问题就德风险。

But notice the existence of this moral hazard problem isn't only bad for the lender.

但请注意，这种德风险问题的存在不仅对贷款人不利。

What we worried about with deposit insurance is moral hazard, right?

存款保险我们担心的德风险，对吧？

There are many forms of moral hazard in a bank.

银行中存在多种形式的德风险。

On the other hand, as we have seen, permissive interventionism creates a formidable moral hazard problem.

另一方面，正如我们所见，宽容的干预主义制造了一个严峻的德风险问题。

For them, the moral hazard is not a bug, it's a feature, as the old saying goes.

对他们说，德风险不一个缺陷，而一个特征，正如老话所说。

The root of these problems lies in the moral hazard problem that we discussed in Chapter 3.

这些问题的根源在于我们在第三章讨论过的德风险问题。

We think of poverty as a vice and we think of entitlements as a moral hazard for vice.

我们认为贫困一种恶习，我们认为福利一种针对恶习的德风险。

We also pitched a game called Moral Hazard, where you have to decide which failing banks to bail out.

我们还设计了一款名为“德风险”的游戏， 玩家需决定救助哪些濒临倒闭的银行。

One commonly proposed solution to moral hazard is tougher regulation.

解决德风险的一个常见建议实施更严格的监管。

Moral Hazard Gifts entail two sorts of costs.

德风险礼物涉及两种成本。