Dynamic analysis of a SI1I2AD information dissemination model considering the word of mouth

Word of mouth(WOM) communication, that is, the dissemination of information about consumers’ experiences of use, has many implications for consumer attitudes. Based on this, we proposed a S I 1 I 2 A D (Susceptible-Infected1-Infected2-Agreeable-Disagreeable) model to analyze the influence of access...

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Vydáno v:Nonlinear dynamics Ročník 111; číslo 24; s. 22763 - 22780
Hlavní autoři: Qiao, Rongrong, Hu, Yuhan
Médium: Journal Article
Jazyk:angličtina
Vydáno: Dordrecht Springer Netherlands 01.12.2023
Springer Nature B.V
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ISSN:0924-090X, 1573-269X
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Shrnutí:Word of mouth(WOM) communication, that is, the dissemination of information about consumers’ experiences of use, has many implications for consumer attitudes. Based on this, we proposed a S I 1 I 2 A D (Susceptible-Infected1-Infected2-Agreeable-Disagreeable) model to analyze the influence of access to two information channels on consumers’ purchase choices. First, the fundamental regeneration number R 0 and the three equilibrium points are solved according to the stability theory of ordinary differential equations. Then, the local asymptotic stability of the equilibrium points is proved. Finally, the effects of traditional WOM and Internet word of mouth (IWOM) on purchase decisions are quantitatively analyzed based on numerical simulations. Thereby, relevant suggestions are given for product marketing.
Bibliografie:ObjectType-Article-1
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ISSN:0924-090X
1573-269X
DOI:10.1007/s11071-023-09021-5