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Scammers: Enron Scheme

Li Way Lee () and Aaron Keathley ()
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Li Way Lee: Wayne State University
Aaron Keathley: Wayne State University

Chapter Chapter 35 in 45 Conversations About Behavioral Economics, 2022, pp 143-145 from Springer

Abstract: Abstract A Ponzi scheme is like a rotten apple. If it sits alone, we can tell it by smelling and squeezing. But when it sits with other apples and fruits, we cannot pick it out easily. Take the firm Enron, which was found to have been a rotten apple. How was Enron able to get away with it for so long?

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-05046-6_35

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DOI: 10.1007/978-3-031-05046-6_35

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