Examlex
What is moral hazard and how might it manifest in an employment relationship? What can an employer do to reduce the problem of moral hazard?
Professions
Occupations or career paths requiring specialized knowledge and often long and intensive academic training.
Nonregulation
The absence of formal rules, controls, or oversight by an authoritative body in a particular area of activity.
Higher Salaries
Compensation levels that are above average or higher than what is typically offered for similar positions or roles in a given industry.
Regulation
A rule or directive made and maintained by an authority to regulate conduct.
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