Models of new product diffusion : current status and research agenda
Diffusion models, mathematical attempts to describe the growth patterns of new products and relate them to variables such as price and population characteristics, have seen major development trends in the past few years. This paper reviews that progress in order to isolate those areas most l...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
MIT Energy Laboratory
2006
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/35220 |
| _version_ | 1826194219805442048 |
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| author | Kalish, Shlomo Lilien, Gary Louis |
| author_facet | Kalish, Shlomo Lilien, Gary Louis |
| author_sort | Kalish, Shlomo |
| collection | MIT |
| description | Diffusion models, mathematical attempts to describe the growth
patterns of new products and relate them to variables such as price and
population characteristics, have seen major development trends in the
past few years. This paper reviews that progress in order to isolate
those areas most likely to be fruitful for further development.
The paper first reviews some of the behavioral underpinnings of
diffusion models: the phenomena being modeled. Next, the major explicit
form models are reviewed and classified according to whether they have
market-controls or not and according to the number of stages they
explicitly consider. These models are related to larger-scale simulation
models (especially in the solar energy area) that use explicit-form
models as building blocks.
The paper concludes with a discussion of some important advances
that still need to be made in this important and rapidly-growing area. |
| first_indexed | 2024-09-23T09:52:45Z |
| format | Working Paper |
| id | mit-1721.1/35220 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T09:52:45Z |
| publishDate | 2006 |
| publisher | MIT Energy Laboratory |
| record_format | dspace |
| spelling | mit-1721.1/352202019-04-11T06:58:44Z Models of new product diffusion : current status and research agenda Kalish, Shlomo Lilien, Gary Louis Commercial products |z United States |x Mathematical models. Diffusion models, mathematical attempts to describe the growth patterns of new products and relate them to variables such as price and population characteristics, have seen major development trends in the past few years. This paper reviews that progress in order to isolate those areas most likely to be fruitful for further development. The paper first reviews some of the behavioral underpinnings of diffusion models: the phenomena being modeled. Next, the major explicit form models are reviewed and classified according to whether they have market-controls or not and according to the number of stages they explicitly consider. These models are related to larger-scale simulation models (especially in the solar energy area) that use explicit-form models as building blocks. The paper concludes with a discussion of some important advances that still need to be made in this important and rapidly-growing area. 2006-12-19T16:41:52Z 2006-12-19T16:41:52Z 1979-10 Working Paper 06350431 http://hdl.handle.net/1721.1/35220 en_US MIT-EL 79-054WP 1186954 bytes application/pdf application/pdf MIT Energy Laboratory |
| spellingShingle | Commercial products |z United States |x Mathematical models. Kalish, Shlomo Lilien, Gary Louis Models of new product diffusion : current status and research agenda |
| title | Models of new product diffusion : current status and research agenda |
| title_full | Models of new product diffusion : current status and research agenda |
| title_fullStr | Models of new product diffusion : current status and research agenda |
| title_full_unstemmed | Models of new product diffusion : current status and research agenda |
| title_short | Models of new product diffusion : current status and research agenda |
| title_sort | models of new product diffusion current status and research agenda |
| topic | Commercial products |z United States |x Mathematical models. |
| url | http://hdl.handle.net/1721.1/35220 |
| work_keys_str_mv | AT kalishshlomo modelsofnewproductdiffusioncurrentstatusandresearchagenda AT liliengarylouis modelsofnewproductdiffusioncurrentstatusandresearchagenda |