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Author:Giovanis, A. N.
Skiadas, C. H.
Title:A stochastic logistic innovation diffusion model studying the electricity consumption in Greece and the United States.
Journal:Technological Forecasting and Social Change
1999 : JUL, VOL. 61:3, p. 235-246
Index terms:Stochastic processes
Forecasting techniques
Electricity industry
Econometric models
Greece
USA
Language:eng
Abstract:In this article, a stochastic innovation diffusion model is proposed, derived from the original logistic growth model assuming that the future remaining growth of the underlying process is not known with certainty but is modeled using an appropriate stochastic process.
SCIMA record nr: 199776
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