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Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.

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Doug McGuff Quote: “Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”

“Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”

Doug McGuff

Doug McGuff Quote: “Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”
Doug McGuff Quote: “Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”
Doug McGuff Quote: “Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”
Doug McGuff Quote: “Moral hazard refers to the fact that people take on greater risks when they are personally shielded from the negative consequences.”
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