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This study covers the world outlook for disc-type stamped metal wheels for golf carts and lawn mowers across more than 200 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. ... Read more

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Amtrak Express: February/March 1991, edited by Christopher Podgus. Paperback periodical published by National Railroad Passenger Corporation. Articles: "Carl Hiaasen and the Great Good Place" by Al Burt; "Sugaring Up" by Jacqueline & Bjorn Sletto; "A Pain in the Back" by David Zimmerman; "Disc Golf Takes Off" by Geeta Dardick; "Two Men and a Boy" by Andrei Codrescu; "American Scene: An Art of Visions and Symbols" (Joseph Stella); "The Passion of Carlisle Floyd" by George Heymont; "Bringing Back Main Street" by Alan Haas; "Dining: In Lincoln Country," edited by Marjorie Smith; and "The Verdi Gang" by Linda Niemann. ... Read more

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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 disc-type stamped metal wheels for golf carts and lawn mowers is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.

For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units use ... Read more

Product Description
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 disc-type stamped metal wheels for golf carts and lawn mowers is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.

For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units use ... Read more

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Tom Callahan has written the seminal book on golfing great Tiger Woods. Woods, who has gone out of his way to protect his privacy, has never allowed himself to get close enough to a writer to be properly examined on the page. Callahan, commonly regarded as one of the best all-round sports writers in the country, has followed Tiger around the world of golf for more than seven years, enjoying a certain access to the man and his family. He even went so far as to travel to Vietnam to learn the fate of the South Vietnamese soldier who was Earl Wood’s best friend during the war - and his son’s namesake.

Tiger is twenty years old when the book opens and twenty-seven when it closes. During those years, Callahan covered Woods at all the Majors, including the Masters, the U.S. Open, and the British Open, culminating in Tiger’s heart-stopping race to make history by clinching the string of Majors affectionately nicknamed the Tiger Slam.

Along the way, Tom Callahan hears from everyone who is anyone in the world of Tiger Woods, including Phil Mickelson, Jack Nicklaus, David Duval, Butch Harmon, Ernie Els, and, of course, Tiger’s rather ubiquitous mother and father. As much as we learn about Tiger - how he sees himself in relation to the courses he plays on and the players he has learned from and competed with - we also enjoy a bird’s-eye view of golf as it is now with Tiger on the scene, and as it was for centuries before.
... Read more

Customer Reviews (9)

What a mess!
This is NOT a book about Tiger Woods! It's nothing but a collection of bits and pieces about golf and golfers throughout history. It might be interesting to golf fans, but I was looking for Tiger, not every other golfer on green earth. The only thing I learned about Tiger was that his original given name was Eldrick. Thanks for nothing, Callahan.

Gay's Tiger review
I had been looking for this book since last June, as a gift for my son.He finally received it before Christmas and seems to be enjoying it very much.I was in his home when he received it and that was a pleasure for me.The book was in good shape, looked like new although I was told it wasn't.Appreciate your help in solving my problem...

Not quite what I hoped, but...
Callahan's book can, at first, be considered a misnomer.The search for Tiger Woods is not conducted in this book-rather, we find that Callahan attempts to search for a sense of humanity within one of the most underrated, and often misunderstood sports: golf.Callahan takes us on a "tour" (forgive the unavoidable pun), through the often overlooked sport, though the eyes and stories of some of golf's most visible and legendary players.From comparing stories of Jack Nicklaus's and Phil Mickelson's introductions into golf, Callahan attempts to provide the reader with the sense that golf, much like football and basketball, has a vivid cast of characters.Callahan goes on to prove this, by exposing the reader to many great stories about those said characters.

What ties all of this to Tiger Woods, is that Woods appears in this book as the looming figure, casting a shadow over golf (in agood way), and all of these golfers can only accept the fact that they all, currently, are underneath this shadow, and don't seem to have figured out a way to get out from under it. In essence, golf is Tiger's world:all of these great players are just living in it.

For anybody who wishes to gain a better understanding of some of the noticeable figures in modern golf, this book's nothing short of an asset.For me, at the very least, Callahan provided a great collection of stories that gave a sense of humanity and depth to a sport that is far too often mistaken as a mere hobby.

Not quite
This book is a compelling read for someone with a starting knowledge of and interest in Tiger Woods, but it doesn't quite make you feel like you've found Tiger.The book seems to be too choppy, more a series of isolated chapters thrown in that dont seem to connect.And there are too many questions that you are left with after reading it.If you're going to brag that you covered Tiger at all his first 8 majors, why have chapters only on the 3 in 2000?And if you're going to focus on those, why soak them with background info and then glaze over the tremendous performances?Callahan's description of Tiger during the 2000 PGA is particularly weak; why he decides to condense that great final round with May and the great back nine and the putts on 18 and 16 the second time around into about a page and a half befuddled me.And most of all, why devote so much of the book to learning about golfers other than Tiger?It's true that if you were to write the definitive, thoroughly detailed Tiger book, you could not ignore Lefty, Sergio, Ernie, etc.But when the chapters on the other golfers seem to take up half of this relatively short book, you've gone too far.It's true that this book is well written and will provide you with some nice tidbits about Tiger (such as the fact that his mother was the one to get him to wear red on Sundays), but you will likely leave the book hoping for more detail, more coherence, and more depth.

Tom Callahan Pens the Definitive Tiger Bio
There is simply no sportswriter on earth with as much meticulous insight into the minds of both the golfing legends of old and the stars of today as Tom Callahan.Admittedly, my expectations were lofty going in here, esp. after reading the astounding accolades bestowed upon Callahan on the book jacket alone -- from the likes of Costas, Kornheiser, Jenkins, Reilly, Nicklaus, and others.Thankfully, for once, they were all right.This book is indeed the whole package on Tiger, presented (ingeniously) not only via Tiger's own eyes, but those of his peers and predecessors.The golf history in the book is cleverly detailed yet pleasurably digestible.The first hand interviews with Tiger and his family are unprecedented.And the "Journey", for anyone REALLY interested in Tiger, is remarkably satisfying.Kudos to Tom Callahan for giving the sports world the preeminent Tiger bio. ... Read more