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Why police departments do not increase the applicant pool

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Reference no: EM132709449

Your focus will be to think through what asymmetric information, moral hazard, and adverse selection have to do with hiring a police officer.

Instructions
Consider the following statement:

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

In your discussion post, address the following:

Problem 1: Speculate on why police departments do not increase their applicant pool by dropping this requirement and how asymmetric information, moral hazard, and adverse selection are involved?

Reference no: EM132709449

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