Construct · 1 fields · 1 citations

Ponzi scheme: a standalone construct

One name. One construct. A landmark on the map.

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Mathematical economics

an investment fraud that pays earlier investors with money from later ones, modeled as a system bound to collapse.

In mathematical economics, Ponzi scheme refers to an investment fraud that pays earlier investors with money from later ones, modeled as a system bound to collapse. This meaning comes from Artzrouni (2009) in Mathematical Social Sciences.[1]

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Nearby constructs

collapse4 fields · 5 citationsjingle · one word, four constructs investment2 fields · 2 citationsjingle · one word, two constructs

References

Artzrouni, M. (2009). The mathematics of Ponzi schemes. Mathematical Social Sciences, 58(2), 190-201. https://doi.org/10.1016/j.mathsocsci.2009.05.003

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