Almaz Mustafin

Adopters as a Scarce Resource: A Chemostat-like Approach to Single-Technology Diffusion

This paper models innovation diffusion trajectories within capacity-limited market niches. To overcome the structural limitations of classical phenomenological frameworks (Bass, Gompertz, and Mansfield models)—namely, rigidly fixed trajectory asymmetry and the lack of underlying microeconomic justification—the author p...