Oops, the long tail isn’t dead…
It is more like a walking dead – Still exists but doesn’t look good… So we know by now that the short head is huge and that the long ta...
Category: economists
How to predict if a new product will catch on? / Bass diffusion model – part 2
I tried to postpone it but I guess it is time to start talking mathematics and dive into the Bass diffusion model in order to understand why the short head econ...
The cowboy who wanted to be a professor / Bass diffusion model – part 1
The death of Vilfredo Federico Damaso Pareto in August 1923 didn’t have much impact on the people of Cuero, a small town in Texas, USA. They were busy getting r...
“Forget the Pareto principal, it is so 1906” / The Pareto principal part 1
Five years after his Russian wife left him in Italy for a young servant, Vilfredo Federico Damaso Pareto made his most famous observation. He found that ...