Crisis Arise from Conditions of Irresponsibility: Influence of Moral Hazard on the Financial Crisis Inception Cover Image

Krize vznikají v podmínkách neodpovědnosti: vliv morálního hazardu na vznik finanční krize
Crisis Arise from Conditions of Irresponsibility: Influence of Moral Hazard on the Financial Crisis Inception

Author(s): Jan Urban
Subject(s): Law, Constitution, Jurisprudence
Published by: Univerzita Karlova v Praze, Nakladatelství Karolinum
Keywords: moral hazard; risk; too big to fail doctrine

Summary/Abstract: The moral hazard and its influence on economy is discussed as well as the reasons for subjects to take risks. The doctrine too big to fail is shown as one of the reasons for moral hazard.

  • Issue Year: 60/2014
  • Issue No: 1
  • Page Range: 157-161
  • Page Count: 5
  • Language: Czech