Stochastic model of innovation diffusion that takes into account the changes in the total market volume

DOI10.18500/1816-9791-2022-22-2-152-158MaRDI QIDQ5086546zbMATH OpenOpenAlexFDO

Authors Alena Yu. Parphenova, L. A. Saraev

Publication date 5 July 2022

Published in Izvestiya of Saratov University. Mathematics. Mechanics. Informatics (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL http://mathnet.ru/eng/isu929

zbMATH Keywords

Wiener processinnovation diffusionstochastic equationsinnovation coefficientsimulation coefficient

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Stochastic functional-differential equations (34K50)

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Cites work

• A new product growth for model consumer durables
• Diffusion processes and their sample paths.
• Modeling with Itô Stochastic Differential Equations
• Stochastic calculation of curves dynamics of enterprise

Cited in

(6)

• On the development of innovation diffusion model using stochastic differential equation incorporating change in the adoption rate
• Queuing theory-based innovation diffusion modelling incorporating change in adoption rate
• Substantiating the diffusion model of innovation implementation and its application to vaccine propagation
• A stochastic formulation of the Bass model of new-product diffusion
• К 70-летию со дня рождения профессора Леонида Александровича Сараева;To the 70$^th$ Anniversary of Professor Leonid A. Saraev
• Some Stochastic Processes of Interdependent Demand and Technological Diffusion of an Innovation Exhibiting Externalities among Adopters

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