This is an interesting question: do they solve the moral hazard and adverse selection problem as well as banks do?

一个有意思的问题出现了,他们可以向银行那样,处理好道德风险以及逆向选择问题吗

耶鲁公开课 - 金融市场课程节选

He was dealing also with the moral hazard and adverse selection problem.

他当时也视图解决道德风险,以及逆向选择的问题

耶鲁公开课 - 金融市场课程节选

The adverse selection problem, when it comes to borrowers--people who are trying to borrow money -is that if you become a lender -let's say, if you -not talking about becoming a lender.

逆向选择的问题,对于借款方,即希望借到钱的人而言,假如你是贷款方,比方说,如果你...,还是换个说法吧

耶鲁公开课 - 金融市场课程节选

I wanted to mention in this context, because I'm emphasizing how banks help solve the adverse selection and moral hazard problem -I wanted to mention briefly here also the rating agencies, which fulfill some of these functions.

我早就想在这段内容里讲讲这事了,因为我一直强调,银行是如何帮助解决逆向选择,以及道德风险问题的...,我还一直想在这里简要的提下,本应履行这些职能的那些信用评级机构

耶鲁公开课 - 金融市场课程节选