Moral hazard/Definition

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Revision as of 03:59, 9 March 2008 by imported>Nick Gardner (New page: Motivation to take an otherwise unwarranted risk because the cost of an unfavourable outcome would be borne by someone other than the risk-taker.)
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Motivation to take an otherwise unwarranted risk because the cost of an unfavourable outcome would be borne by someone other than the risk-taker.

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