We extend the classic Bass diffusion model to address the case in which existing adopters could depress the growth of adoption, i.e., the diffusion process is self-restraining. Two modified Bass models are proposed according to whether the negative depressive effect is exerted on potential...

Why did the failure of Lehman Brothers make the financial crisis dramatically worse? The financial crisis was a process of a build-up of risk during the crisis prior to the Lehman failure. Market participants tried to preserve an option or exit by shortening maturities - the "flight from...