Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.

When we look back at the beliefs and practices of our ancestors, we are often shocked at what they found morally acceptable: the public torture of criminals, the trading of slaves, and the subjugation ...

Lawrence Kohlberg's theory on the development of morality has been widely influential in psychology, feminist studies and even in business ethics. Kohlberg's theories can help business owners and ...

I have spent my career studying moral decision-making. Through my own research and that of my colleagues, I have become acutely aware of how moral motivations and justifications warp our thinking in ...

Schools in England are legally required to promote the moral development of pupils. Unfortunately though, there is little agreement on what this involves. Most people recognise that morality is ...

The moral compasses of atheists and believers are different in a few key ways, a new study finds. In some aspects, the moral compass was incredibly alike between the two groups; they both highly rated ...

A moral hazard happens when a party takes an excessive risk or enters a business relationship in bad faith knowing another party is economically responsible for the outcome. For example, during the ...

This article was featured in One Story to Read Today, a newsletter in which our editors recommend a single must-read from The Atlantic, Monday through Friday. Sign up for it here. Over the past eight ...

A dangerous instinct is on the rise in the Jewish world right now: the belief that we must choose between defending Israel and defending moral clarity.” ...