Moral hazard and Help:Editing: Difference between pages

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-A tendency of managers of financial firms to take excessive risks knowing that their business will be saved by the authorities.
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+==External link==
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-The tendency of some insured individuals or businesses to take excessive risks that they would not have taken if they had not been insured.
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+*[http://en.wikipedia.org/wiki/Wikipedia:Tutorial/Editing]
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-The risk that a party has not entered into a contract in good faith or provided misleading information.
-For example an insured may attempt to take unfair advantage of an insurer or other guarantor by suppressing information relevant to the assessment of a risk or by not acting in accordance with the terms of a policy.
-UK pensions legislation contains a number of clauses specifically designed to reduce the risk of moral hazard.
-== See also ==
-* [[Agency risk]]
-* [[Anti-selection]]
-* [[Pension Protection Fund]]
-[[Category:Manage_risks]]
-[[Category:Risk_frameworks]]