Bass Diffusion Model
The Bass diffusion model is a parsimonious mathematical model of how a new product or technology spreads through a market over time, introduced by Frank Bass in 1969. It represents adoption as the combined effect of two forces—external influence (mass media, advertising) acting on innovators and internal influence (word of mouth, imitation) acting on imitators—producing the characteristic S-shaped cumulative adoption curve from a fixed pool of eventual adopters.
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- Bass, F. M. (1969). A new product growth for model consumer durables. Management Science, 15(5), 215-227. · DOI 10.1287/mnsc.15.5.215
- Mahajan, V., Muller, E., & Bass, F. M. (1990). New product diffusion models in marketing: a review and directions for research. Journal of Marketing, 54(1), 1-26. · DOI 10.2307/1252170
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