Definition of "economists" []

• Plural form of economist. (noun)

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• "Advocates say several other plans could provide relief without creating "moral hazard" -- a term economists use to describe a policy that could inadvertently encourage economically destructive behavior."
• "Moral hazard is the term economists use to describe a policy or action that either rewards irresponsible behavior or prevents the irresponsible party from being punished in the ordinary course of things."
• "Borrowers make transactional mistakes mainly because of "information asymmetry," which is the term economists use to describe a market in which one party knows much less than the other."