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The 2010-2015 Outlook for Telemedicine Services in Oceana - Product Image

The 2010-2015 Outlook for Telemedicine Services in Oceana

  • ID: 1067671
  • May 2009
  • 34 pages
  • ICON Group International

WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

The latent demand for telemedicine services READ MORE >

1 INTRODUCTION 1
1.1 Overview 1
1.2 What is Latent Demand and the P.I.E.? 1
1.3 The Methodology 2
1.3.1 Step 1. Product Definition and Data Collection 4
1.3.2 Step 2. Filtering and Smoothing 5
1.3.3 Step 3. Filling in Missing Values 6
1.3.4 Step 4. Varying Parameter, Non-linear Estimation 6
1.3.5 Step 5. Fixed-Parameter Linear Estimation 7
1.3.6 Step 6. Aggregation and Benchmarking 7
1.3.7 Step 7. Latent Demand Density: Allocating Across Cities 7
2 OCEANA 9
2.1 Executive Summary 9
2.2 American Samoa 10
2.3 Australia 11
2.4 Christmas Island 12
2.5 Cook Islands 12
2.6 Fiji 13
2.7 French Polynesia 14
2.8 Guam 14
2.9 Kiribati 15
2.10 Marshall Islands 16
2.11 Micronesia Federation 16
2.12 Nauru 17
2.13 New Caledonia 18
2.14 New Zealand 18
2.15 Niue 19
2.16 Norfolk Island 20
2.17 Palau 20
2.18 Solomon Islands 21
2.19 The Northern Mariana Island 22
2.20 Tokelau 22
2.21 Tonga 23
2.22 Tuvalu 24
2.23 Vanuatu 24
2.24 Wallis and Futuna 25
2.25 Western Samoa 26
3 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 27
3.1 Disclaimers & Safe Harbor 27
3.2 Icon Group International, Inc. User Agreement Provisions 28

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