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

DOI10.18500/1816-9791-2022-22-2-152-158zbMATH Open1496.91052OpenAlexW4293061937MaRDI QIDQ5086546FDOQ5086546

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)

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

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zbMATH Keywords

Wiener processinnovation diffusionstochastic equationsinnovation coefficientsimulation coefficient

Mathematics Subject Classification ID

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

Cites Work

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

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• 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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