Hazard

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Facts (generated by robot; please edit if you find it inaccurate)

• That’s also why Nyman says that the notion of moral hazard is behind the “lack of enthusiasm” for expansion of health insurance.
• Hazard is not deemed to be synonymous with risk although it can be an important determinant of risk.
• In this case, the moral hazard is that the record industry, because listeners can't monitor or influence it, can effectively shirk, and choose artists not based on listeners' preferences, but based on business efficiencies.
• Sometimes moral hazard is dramatic.
• The maximum you can score on each hazard is five.

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