Diffusion of innovation within an agent-based model: Spinsons, independence and advertising
We modify a two-dimensional variant of a two-state non-linear voter model and apply it to understand how new ideas, products or behaviors spread throughout the society in time. In particular, we want to find answers to two important questions in the field of diffusion of innovation: Why does the diffusion of innovation take sometimes so long? and Why does it fail so often? Because these kind of questions cannot be answered within classical aggregate diffusion models, like the Bass model, we use an agent-based modeling approach.
|Date of creation:||10 Mar 2013|
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"How effective is advertising in duopoly markets?,"
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