That leads us to moral hazard.

它导致了德险。

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

" 大而不倒" 句话是德险的完美例子。

So moral hazard here is the problem.

所以里的问题就是德险。

And secondly, there's kind of ethical risks, as with a lot of AI.

其次，与许多人工智能一样，存在一定的德险。

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

如果对德险的估计是可观的，一点尤其重要。

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

但请注意，种德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是德险，对吧？

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

他们称之为“德险”。是否应该对违反移民规定的行为实行特赦？

And we want to know how you might solve this moral hazard problem.

我们想知如何解决个德险问题。

But in the end, the moral hazard argument doesn't work because people can't assess the risks.

但最终，德险论证不起， 为人们无法评估险。

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是别人的问题会带来德险。

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

对他们来说，德险不是一个缺陷，而是一个特征，正如老话所说。

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

我们认为贫困是一种恶习，我们认为福利是一种针对恶习的德险。

Let me give you another example, in insurance there's a classic, probably the classic moral-hazard problem.

让我再举一个例子，保险业中存在一个经典的、可能是经典的德险问题。

" moral hazard, " " precautionary principle" -- these are terms that are used to basically say no to things.

“德险” 、“预防原则”——些术语基本上被来对事物说不。

There are intellectual risks and physical risks and financial risks and emotional risks and social risks and ethical risks and political risks.

有智力险、身体险、财务险、情感险、社会险、德险和政治险。

This limits " moral hazard" —that is, how much additional risky behavior and its consequent damage may occur among people who are insured.

限制了“德险”——即被保险人可能发生多少额外的危险行为及其随之而来的损害。

A few months later, she said, " This gives us, this new technology, a license to continue operating." Some people call that a moral hazard.

几个月后，她说，“给了我们项新技术继续运营的许可。”有些人称之为德险。

That is what makes " moral hazard" a hazard to the insurance companies and a source of higher premiums to those who buy insurance.

就是“德险”对保险公司造成的危害，以及对购买保险的人来说造成更高保费的原。

" Moral Hazard" and " Adverse Selection" While insurance generally reduces risks as it transfers them, there are also risks created by the insurance itself.

“德险”和“逆向选择” 虽然保险通常会在转移险时降低险，但保险本身也会产生险。