Conversations with ChatGPT: On Moral Hazard.
3 min readMar 15, 2023
Cecil (CJ) John: What does the term moral hazard mean?
ChatGPT : The term “moral hazard” refers to the potential for individuals or organizations to take greater risks or engage in more reckless behavior because they are protected from the consequences of their actions.
Moral hazard can arise when a person or organization is insulated from the risks associated…