For example, Arnott and Stiglitz [1991] consider the consequences of the social institutions that arise as a result of the incomplete insurance provided by markets because of moral hazard problems.

• 例如，阿诺特和斯蒂格里茨（1991）考虑了社会制度的重要性，这些制度的出现是由于道德风险问题，市场提供的不完全保险的结果。