Insurance can create a moral hazard if people take more risks.
Страхование может создавать моральный риск, если люди начинают больше рисковать.
Definitions
Moral hazard refers to a situation in which one party is more likely to take risks because they do not have to bear the full consequences of those risks, often because another party will incur the costs. This typically occurs when there is an asymmetry of information or when protections like insurance reduce the incentive to act carefully.
