Week 8 Discussion
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.
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?
Week 9 Discussion
This week we looked at the principle-agent problem and what went wrong at Wells Fargo. On March 28, 2019, Tim Sloan, the CEO of Wells Fargo, who was supposed to restore the bank’s….