274. Logistic Growth

The simplest limits-to-growth model. A population (or any quantity) grows exponentially when small, then saturates as it approaches a carrying capacity 𝐾.

274.1. Model

𝑁=𝑟𝑁(1𝑁𝐾)

274.2. Closed-form solution

𝑁(𝑡)=𝐾1+𝐴𝑒𝑟𝑡,𝐴=𝐾𝑁0𝑁0

S-curve from 𝑁0 asymptoting to 𝐾.

274.3. Phases

PhaseBehaviorWhere you are
Exponential𝑁𝑟𝑁𝑁𝐾, factor (1𝑁𝐾)1
Inflection𝑁 peaks𝑁=𝐾2, maximum growth rate
Saturation𝑁 decays𝑁𝐾, growth tapers off

274.4. Structurally

Reinforcing growth (𝑁=𝑟𝑁) plus balancing limit (1𝑁𝐾). The R+B = S-curve archetype.

274.5. Where it shows up

274.6. Limitations

274.7. Compared to Bass diffusion

LogisticBass
Initial growthExponential (𝑟𝑁)Innovation rate (𝑝𝑁, constant)
DriverWord-of-mouth only (𝑟 effectively combines)Innovation + imitation separately
Use casePure peer-driven growthNew product with external + internal drivers

Bass is logistic-like but separates the two drivers — better for marketing analysis.

274.8. Parameter estimation

Given time-series data (𝑡𝑖,𝑁𝑖):

  1. Plot 𝑁(𝑡) — confirm S-shape
  2. Estimate 𝐾 from asymptote (or as a parameter to fit)
  3. Linearize: ln(𝐾𝑁)ln𝑁=ln𝐴𝑟𝑡, fit a line; slope =𝑟, intercept =ln𝐴

Or just nonlinear-least-squares fit the closed form.

274.9. See also