Bass-SIR model for diffusion of new products in social networks
Bass-SIR model for diffusion of new products in social networks
We consider the diffusion of new products in social networks, where consumers who adopt the product can later "recover" and stop influencing others to adopt the product. We show that the diffusion is not described by the susceptible-infected-recovered (SIR) model, but rather by a new model, the Bass-SIR model, which …