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In this research paper accuracies (percentage errors, MAPE) of different procedures (growth, ARIMA(X), exponential smoothing and deterministic trend models) in forecasting new passenger car registrations in Germany are presented. It is found that the Logistic Growth Model provides rather...
Persistent link: https://www.econbiz.de/10013168965
Bass diffusion models are one of the competing paradigms to forecast the diffusion of innovative products or technologies. This approach posits that diffusion patterns can be modelled through two mechanisms: Innovators adopt the new product and imitators purchase the new product when getting in...
Persistent link: https://www.econbiz.de/10012964867