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A Ponzi Scheme, Such as the One Bernie Madoff Ran

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A Ponzi scheme, such as the one Bernie Madoff ran, is


Definitions:

Pretest Sensitization

The effect that participation in a pretest may have on subjects' behavior in subsequent phases of a study, potentially biasing the results.

Time-Series Designs

Research methods that involve repeated observations of the same variables (e.g., individuals) over short or long periods of time.

Quasi-Experimental Designs

Study frameworks that aim to identify causal relationships but do not incorporate random allocation to intervention and comparison groups.

Nonrandomly Formed Groups

Groups in a study that are created based on criteria other than random assignment, which can introduce biases or preexisting differences between groups.

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