2020
DOI: 10.3390/mca25030042
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Estimating Parameters in Mathematical Model for Societal Booms through Bayesian Inference Approach

Abstract: In this study, based on our previous study in which the proposed model is derived based on the SIR model and E. M. Rogers’s Diffusion of Innovation Theory, including the aspects of contact and time delay, we examined the mathematical properties, especially the stability of the equilibrium for our proposed mathematical model. By means of the results of the stability in this study, we also used actual data representing transient and resurgent booms, and conducted parameter estimation for our proposed mod… Show more

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“…Such systems are a segment of a stock exchange (e.g., see the paper [41]), epidemiological networks (e.g., see the papers [5,42]), continuous media systems (e.g., see the paper [43]), and complex networks (e.g., see the paper [44]). Te known models of information dynamics in Twitter (e.g., see the papers [45,46]) do not allow us to explain the selforganization of a network on the edge of a phase transition and therefore cannot be used as models for testing EWMs.…”
Section: Discussionmentioning
confidence: 99%
“…Such systems are a segment of a stock exchange (e.g., see the paper [41]), epidemiological networks (e.g., see the papers [5,42]), continuous media systems (e.g., see the paper [43]), and complex networks (e.g., see the paper [44]). Te known models of information dynamics in Twitter (e.g., see the papers [45,46]) do not allow us to explain the selforganization of a network on the edge of a phase transition and therefore cannot be used as models for testing EWMs.…”
Section: Discussionmentioning
confidence: 99%