Week8 For this discussion, your focus will be to think through what asymmetric information, moral hazard, and adverse selection have to do with hiring a po

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Week8 For this discussion, 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:

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? 

Note: In your discussion posts for this course, do not rely on Wikipedia, Investopedia, or any similar website as a reference or supporting source.
To earn full credit for your discussion, you must complete one post and one follow-up or reply to a classmate. Make sure both the post and the reply focus on the questions asked.

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