Marketing under conditions of chaos: Percolation metaphors and models

A new concept for the study of marketing phenomena is introduced. Derived from the area of statistical topology and central to the emerging theory of “chaos,” percolation describes a process of deterministic flow through a stochastic medium. Contrasted to diffusion, in which a random flow progresses...

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Veröffentlicht in:Journal of business research 1995-11, Vol.34 (3), p.181-189
1. Verfasser: Winsor, Robert D.
Format: Artikel
Sprache:eng
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Zusammenfassung:A new concept for the study of marketing phenomena is introduced. Derived from the area of statistical topology and central to the emerging theory of “chaos,” percolation describes a process of deterministic flow through a stochastic medium. Contrasted to diffusion, in which a random flow progresses through a deterministic medium, percolation is suggested as a useful metaphor for marketing management and as a more appropriate source of models for the study of consumer adoption processes. Examples and potential applications are given, and areas for future research are suggested.
ISSN:0148-2963
1873-7978
DOI:10.1016/0148-2963(94)00115-U