Letter to the Editor—A Comment on the Morse-Elston Model of Probabilistic Obsolescence

Published Online:https://doi.org/10.1287/opre.18.6.1228

Morse and Elston have constructed a probabilistic model of obsolescence and fitted it to the circulation of books in a library. This note presents a modification of their model and fits it to their results to account for time dependence of their original parameter α. This revised model can be used to describe the phenomena of obsolescence as seen in such a case as the usage over time of books concerned with scientific subjects.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.