@prefix skos: . @prefix isothes: . skos:prefLabel "health insurance"@en ; a skos:Concept ; skos:narrower . skos:definition "Moral hazard arises in implicit and contractual relationships in which one party behaves differently because of the relationship, and these actions improve one party's utility but have a negative consequence for the other party. In healthcare, moral hazard is most commonly associated with insurance, where the purchase of health insurance induces an increase in the likelihood of a loss covered by the insurance policy, the size of the loss, or both the likelihood and size of the loss. [Source: Encyclopedia of Health Services Research; Moral Hazard]"@en ; skos:broader , , ; skos:prefLabel "moral hazard"@en ; a skos:Concept . skos:prefLabel "banking (finance)"@en ; a skos:Concept ; skos:narrower . skos:prefLabel "organizational economics"@en ; a skos:Concept ; skos:narrower . a skos:Collection, isothes:ConceptGroup ; skos:prefLabel "concepts"@en ; skos:member .