Description Usage Arguments Details Value Author(s) Source See Also Examples
#' This function develops a prediction of the adoption rate of an innovation in the market, according to the number of triers
1 | adp.t(triers)
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triers |
a vector of percentige (0<triers<1) of known triers |
This function calculates the adoption probability in the population of a certain innovation according to known triers rate measured in a survey.
a vector of predicted percentige(0<ADP<1) of the adoption probability of a innovative product in the population.
Mickey Kislev and Shira Kislev
Kislev, Mickey M. & Kislev, Shira, (2020). The Market Trajectory of a Radically New Product: E-Cigarettes. IJMS 12(4):63-92, DOI:10.5539/ijms.v12n4p63
1 2 3 4 5 | # 50% rate of triers
adp.t(0.5)
0.4910082
# means that every second person who tries the product will adopt it, in case
# that 50% of the population already tried it.
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