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Adverse Selection and Moral Hazard, Many police

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“Adverse Selection and Moral Hazard “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. Why don’t police departments increase their applicant pool by dropping this requirement?

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Open the file SC_EX16_4a_FirstLastNamexlsx, available for download from the SAM website. Save the file as SC_EX16_4a_FirstLastNamexlsxby changing the “1” to a “2”. If you do not see the .xlsx file extension in the Save As dialog box, do not type it. The program will add the file extension for you automatically. With the file SC_EX16_4a_FirstLastNamexlsx still open, ensure that your first and last name is displayed in cell B6 of the Documentation sheet. o If cell B6 does not display your name, delete the file and download a new copy from the SAM website.