66 comments on The Loglet Analysis
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66 comments on The Loglet Analysis
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Below is an example of a bi-logistic model:
The cumulative curve in panel A is the sum of the two logistic process in panel B (you then take the derivative to get the usual Hubbert/Bell curves).
The Loglet is an extension of the Bi-logistic case to a multi-logistic case.
Maybe this requires a bit of a leap of faith. The idea of diminishing returns (more effort, not so much reward) lends itself to S curves. However not every S curve has a bell curve as a tangent. It has to be just right. A similar example is using a sheet of shiny metal as a reflector; it has to be an exact parabola to get a sharp focus.
An alternative theory is that the bell curve is really a triangle with fudgy corners. But I don't wanna go there. Given the uncertainties bell curves are OK.