The Bass diffusion model on networks with correlations and inhomogeneous advertising
May 19, 2016 Β· Declared Dead Β· π arXiv.org
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Authors
M. L. Bertotti, J. Brunner, G. Modanese
arXiv ID
1605.06308
Category
physics.soc-ph
Cross-listed
cs.SI
Citations
23
Venue
arXiv.org
Last Checked
3 months ago
Abstract
The Bass model, which is an effective forecasting tool for innovation diffusion based on large collections of empirical data, assumes an homogeneous diffusion process. We introduce a network structure into this model and we investigate numerically the dynamics in the case of networks with link density $P(k)=c/k^Ξ³$, where $k=1, \ldots , N$. The resulting curve of the total adoptions in time is qualitatively similar to the homogeneous Bass curve corresponding to a case with the same average number of connections. The peak of the adoptions, however, tends to occur earlier, particularly when $Ξ³$ and $N$ are large (i.e., when there are few hubs with a large maximum number of connections). Most interestingly, the adoption curve of the hubs anticipates the total adoption curve in a predictable way, with peak times which can be, for instance when $N=100$, between 10% and 60% of the total adoptions peak. This may allow to monitor the hubs for forecasting purposes. We also consider the case of networks with assortative and disassortative correlations and a case of inhomogeneous advertising where the publicity terms are "targeted" on the hubs while maintaining their total cost constant.
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