The Oil Drum: The Loglet Analysis

Most peakoilers on this site have been introduced to the logistic curve through the famous prediction of King Hubbert on the Lower-48 production. Fewer maybe knows that curve fitting techniques have been extensively applied by people that we may qualify as cornucopians. Ironically, the logistic curve is also used as a prediction tool for market share and technology subsitution. For instance, a pioneer in logistic-based technological forecasting in the energy domain is Cesare Marchetti. More recently, there is also the work of Jesse H. Ausubel and his team about the Loglet analysis…let’s talk about it.
Much much more after the jump to The Oil Drum.