This lecture covers content from Chapter 6 of Morecroft (2015), which focuses on the Bass model of product adoption (innovation diffusion) and related models that assist in decision making about marketing of new products within already crowded markets. Various connections are made between the Bass model (which is effectively a contagion model) and the SIR model covered in Lecture E3.
Archive of lectures given as part of SOS 212 (Systems, Dynamics, and Sustainability) at Arizona State University with instructor Theodore (Ted) Pavlic.
Tuesday, March 16, 2021
Lecture E4 (2021-03-16): Chapter 6, The Dynamics of Growth and Diffusion (Morecroft, 2015)
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