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 users.
1 | adp.u(users)
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users |
a vector of percentige (0<users<1) of known users. |
This function calculates the adoption probability in the population of a certain innovation according to known users 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 users
adp.u(0.5)
0.6773232
# means that two out of three people who try the product will adopt it,
# in case that 50% of the population already uses it.
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