A choice-based diffusion model for multiple generations of products

Article Abstract:

An integrated model, based on consumer behavior, was developed for evaluating the multiple generation of products. Unlike conventional diffusion models, the proposed framework considers all exogenous variables present in the diffusion processes, thereby generating an accurate description of the consumer behavior. The proposed model is further capable of assessing sales data, regardless of upgrade demands they contain. The model produced convincing results when applied to dynamic random access market.

author: Jun, Duk Bin, Park, Yoon S.
Customer Relations, Forecasting, Models, Evaluation, Technological forecasting, Consumer behavior, Business forecasting

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

Are technology diffusion processes inherently historical?

Article Abstract:

An investigation of technology transfer processes is presented. Specifically, birth-and-death processes are used to characterize thediffusion of two competing technologies in a finite market. The results obtained show that distribution in pure birth processes is a function of ex-ante parameters and initial advantages. When death occurs, however, there is 'extinction with probability one given infinite time.'

author: Araujo, Joao Lizardo de
Technology transfer

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

A dynamic diffusion model for managing customer's expectation and satisfaction

Article Abstract:

Adoption and diffusion of technological innovations is studied. Its implications on customer satisfaction are also examined.

author: Yeon, Seung-jun, Park, Sang-hyun, Kim, Sang-wook
United States, Science & research, Analysis, Usage, Customer satisfaction

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


subjects list: Research, Technological innovations, Diffusion of innovations
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.