Question: please help me with this assignment. What to Do: You have been studying profit-maximizing behavior by a wide variety of firms. Earlier in the class
please help me with this assignment.
What to Do:You have been studying profit-maximizing behavior by a wide variety of firms. Earlier in the class we learned about the "principal-agent problem" whereby agents often make choices that are NOT in the best interest of the principals they are supposed to represent. To earn up to 20 points of extra credit, you are asked to watch the movie "Enron: The Smartest Guys in the Room." This documentary investigates the rise and fall of the energy giant Enron. It is a classic expos on the principal-agent problem and market failure. You can find the video by going to http://www.veoh.com/watch/v19720468dHgKzNtp?h1=Enron-+The+Smartest+Guys+in+the+Room+-+2005
After you watch the movie, write a 2-3 page paper (12-point font, 1" margins, double-spaced) that:
1. summarizes the movie's content, as it relates to what we've discussed in class, AND
2. indicates what you, personally, found most interesting and insightful about the movie, AND
3. indicates what questions and/or disagreements you still have after watching the movie
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