Annuities offer reduced risk for an ageing population, but adverse selection leads to high premiums, as those with high life expectancies are most likely to enroll. (by David Uren)

New bond-rating system for Canadian banks takes into account the likelihood of government bailouts, recognizing moral hazard (by Harry Koza)

Even Wall Street's biggest money managers overbid in the traditional dollar auction. (by Paul B. Farrell)

Argues that investors should stay away from hedge funds because of cognitive biases and the winner's curse. (by Jonathan Reiss)

Stock market frenzies and crashes need not be due to exuberance or idiocy, but may reflect rational signaling and information herding. (by Tim Harford)

In suggesting investors buy Johnson and Johnson, the article touches upon the winner's curse in takeover abttles. (by Pat Dorsey)

An introduction to the p-beauty contest and its repeated play, with some vague application to financial markets (by John Allen Paulos)

A Pentagon advisor believes that financiers of "vicious dictatorships" should face a moral hazard but perhaps the hazard is for not supporting US efforts?

A judge believes that investors should take responsibility for stock market losses. Allowing losers to sue brokerages would create a moral hazard.

Game theorist John Nash likes Keynesian economists to Bolsheviks, speaks against nation-controlled currencies.

Rupert Murdoch's success in business is partly the result of "understanding how game theory shaped deal negotiations and inter-firm competition" (by Alex Burns)

The Federal Reserve's stimulus policies present a moral hazard.

International monetary fund bail-outs cause moral hazard, bad investments (by Philip Thornton)

Examines the role of the winner's curse in auctions for cell phones and IPOs.

Econophysics tries to explain market movement melding adaptive systems resarch with behavioral game theory.

Argues that the Federal Reserve's economy-bolstering actions create a moral hazard.

Physicists argue that irrationality leads to exploitable patterns in the stock market. (by Mark Buchanan)

Deposit insurance agency may introduce moral hazard by charging the same premiums from all institutions regardless of risk.

Excite loses in game of chicken against AT&T by underestimating its opponent

Government aid to the insurance industry presents a moral hazard problem

The benefits of taking on risk are higher-than-average returns, but there are no risks if airlines are bailed out.

Discussion of Shiller's work in behavioral finance

Discusses Thaler's criticism of rationality and how behavioral game theory helps in financial markets.

Examines the inherent moral hazard created by bail-outs of international financial markets.

Incorrectly describes a stock market bubble as a prisoner's dilemma but does describe the boundedly rational greater fool theory.

Moral hazard in the Fed's bailout of Long Term Capital Management

Why beating the S&P is like playing matching pennies

Describes people's attitudes towards very unlikely risks, and the implications for finance, insurance, and government policy. (by John Kay)