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epidemic model (03)<br />An explanation of the diffusion of technology using the analogy of the spread of infectious disease. The rate of diffusion is regarded as a function of the product of (1) the share of the population with a particular innovation and (2) the number of the fixed population without it. The model attempts to explain why a diffusion rate follows a sigmoid S-shaped time path with low initial rates, a quickening of diffusion, then a fall back to low rates as the potential for diffusion diminishes.<br /><em>Reference</em><br />Romer, P. (1990) 'Endogenous technological change', Journal of Political Economy (October 1990 Supplement) 99: S71-102.
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<strong>Student Aid Report (SAR)</strong> – The paper output record provided to the student after completing the FAFSA. The SAR contains the student' s EFC and results of federal database matches. The electronic version of the record, which is sent to the school, is called the ISIR.
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