+Moral hazard describes a situation where one party, insulated from [Risk](/wiki/risk), takes on greater risks knowing another party will bear the cost. This shift in [Incentives](/wiki/incentives) often occurs after a contract or agreement is made, leading to potentially inefficient outcomes.
+## See also
+- [Asymmetric Information](/wiki/asymmetric_information)
+- [Adverse Selection](/wiki/adverse_selection)
+- [Agency Problem](/wiki/agency_problem)