Economic Evaluation Terms

adjective relating to or being a law that retroactively changes the legal consequences of actions that were committed, or relationships that existed, before the enactment of the law

adverb in a manner that applies retroactively

• The new law cannot be applied ex post facto to punish past actions.
• You can't get in trouble for something that wasn't against the rules ex post facto.
• They can't retroactively punish you for that, it's ex post facto.
• Trying to change the rules ex post facto is like moving the goalposts after the game has ended.

noun RCT stands for Randomized Controlled Trial, a type of scientific experiment often used in medical research to test the effectiveness of treatments or interventions. It is a noun in this context as it refers to a specific type of trial.

• The RCT study design is considered the gold standard for evaluating the effectiveness of medical treatments.
• I signed up for an RCT at the hospital to test out a new drug.
• I heard they're doing some RCT thing at the clinic, wanna join?
• In the world of science, RCTs are like the detectives solving mysteries of treatment effectiveness.