“Moral hazard” refers to the risks that someone or something becomes more inclined to take because they have reason to believe that an insurer will cover the costs of any damages. The concept ...
More deposit insurance means more moral hazard and taxpayer risk.
This week's Singapore Grand Prix has been declared a “heat hazard,” meaning cars must carry cooling equipment though drivers don't have to use it. It's the first time the rule has been used in Formula ...
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