Arthur Snow
Biographic Data
| ID | 1455095 |
|---|---|
| NAME | Arthur Snow |
| GIVEN NAMES | Arthur |
| FAMILY NAME | Snow |
| SIGNATURE | SNOW A |
| AFFILIATIONS | University of Georgia |
| ORCID | 0000-0002-4641-8969 |
| VERIFIED | Yes |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 23 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1924 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 3 |
Full downside risk aversion
The environments of environmental impact assessment: Transforming neoliberal environmental governance from within
The transformation of neoliberal environmental governance is beset by conceptual and empirical complexity. Utilising a governmentality conceptual and analytical framework, this piece seeks to illustrate how, on their own terms, environmental governance interventions create the potential for change via a modality I have labelled the temporalised environment. Through a discourse analysis of select guidance and regulatory documents, a programmer's v…
A Normative Analysis of Impact Fees for Suburban Commercial Development
Using a circular city model to represent commercial development in a suburban setting, we present a normative analysis showing that complete reliance on impact fees is economically superior to any alternative relying on taxes levied on households. The reason is that impact fees allocate the cost of maintaining infrastructure services to those who benefit from the commercial development, whereas tax financing creates a fiscal externality wherein p…
The Effect of Wage Payment Reform on Workers’ Labor Supply, Wages, and Welfare
We examine the economic consequences of an 1886 reform in Massachusetts that mandated the weekly payment of wages. We derive conditions on key elasticities of labor supply that determine the qualitative effects of the reform on workers’ effective wages and utility. We match census and administrative data on workers in a Lowell textile mill for a period encompassing the switch from monthly to weekly payment. Empirical estimates of a labor supply e…
The Marginal Cost of Raising Tax Revenue and Redistributing Income
We present analytic formulas for calculating marginal welfare costs when taxes are levied against the wages of a heterogeneous population of households and marginal tax revenue finances either the supply of a public good or lump‐sum transfers. The formulas are applied to explain the wide discrepancy between estimates of marginal welfare costs for redistribution previously obtained through computer simulation procedures. Our calculations reveal th…
Evidence on Adverse Selection: Equilibrium Signaling and Cross-Subsidization in the Insurance Market
The configuration of equilibrium in the market for automobile collision insurance is examined empirically by representing the premium-deductible menu and the demand function as a standard hedonic system. Using contractual data from a representative insurer, the authors estimate a reduced-form hedonic premium equation and the inverse of the marginal bid equation for insurance coverage. The data reveal an equilibrium with adverse selection and mark…
On the limits to rent-seeking waste
The Efficiency Effects of Categorical Discrimination in the Insurance Industry
Recent public policy debate has focused concern on the equity dimensions of categorical discrimination based on sex, age, or race in insurance and similar markets. We consider the efficiency effects of such discrimination and establish that costless imperfect categorization always enhances efficiency. When categorization entails a non-negligible resource cost, however, no unambiguous efficiency ranking of informational regimes is possible. When c…
Matter and Gravity in Newton's Physical Philosophy
Psychology in Economic Theory
The Marginal Cost of Raising Tax Revenue and Redistributing Income
We present analytic formulas for calculating marginal welfare costs when taxes are levied against the wages of a heterogeneous population of households and marginal tax revenue finances either the supply of a public good or lump‐sum transfers. The formulas are applied to explain the wide discrepancy between estimates of marginal welfare costs for redistribution previously obtained through computer simulation procedures. Our calculations reveal th…
Evidence on Adverse Selection: Equilibrium Signaling and Cross-Subsidization in the Insurance Market
The configuration of equilibrium in the market for automobile collision insurance is examined empirically by representing the premium-deductible menu and the demand function as a standard hedonic system. Using contractual data from a representative insurer, the authors estimate a reduced-form hedonic premium equation and the inverse of the marginal bid equation for insurance coverage. The data reveal an equilibrium with adverse selection and mark…
Psychology in Economic Theory
The Efficiency Effects of Categorical Discrimination in the Insurance Industry
Recent public policy debate has focused concern on the equity dimensions of categorical discrimination based on sex, age, or race in insurance and similar markets. We consider the efficiency effects of such discrimination and establish that costless imperfect categorization always enhances efficiency. When categorization entails a non-negligible resource cost, however, no unambiguous efficiency ranking of informational regimes is possible. When c…
The environments of environmental impact assessment: Transforming neoliberal environmental governance from within
The transformation of neoliberal environmental governance is beset by conceptual and empirical complexity. Utilising a governmentality conceptual and analytical framework, this piece seeks to illustrate how, on their own terms, environmental governance interventions create the potential for change via a modality I have labelled the temporalised environment. Through a discourse analysis of select guidance and regulatory documents, a programmer's v…
On the limits to rent-seeking waste
Psychology in Economic Theory
Matter and Gravity in Newton's Physical Philosophy
The Efficiency Effects of Categorical Discrimination in the Insurance Industry
Recent public policy debate has focused concern on the equity dimensions of categorical discrimination based on sex, age, or race in insurance and similar markets. We consider the efficiency effects of such discrimination and establish that costless imperfect categorization always enhances efficiency. When categorization entails a non-negligible resource cost, however, no unambiguous efficiency ranking of informational regimes is possible. When c…
On the limits to rent-seeking waste
Evidence on Adverse Selection: Equilibrium Signaling and Cross-Subsidization in the Insurance Market
The configuration of equilibrium in the market for automobile collision insurance is examined empirically by representing the premium-deductible menu and the demand function as a standard hedonic system. Using contractual data from a representative insurer, the authors estimate a reduced-form hedonic premium equation and the inverse of the marginal bid equation for insurance coverage. The data reveal an equilibrium with adverse selection and mark…
The Marginal Cost of Raising Tax Revenue and Redistributing Income
We present analytic formulas for calculating marginal welfare costs when taxes are levied against the wages of a heterogeneous population of households and marginal tax revenue finances either the supply of a public good or lump‐sum transfers. The formulas are applied to explain the wide discrepancy between estimates of marginal welfare costs for redistribution previously obtained through computer simulation procedures. Our calculations reveal th…
The Effect of Wage Payment Reform on Workers’ Labor Supply, Wages, and Welfare
We examine the economic consequences of an 1886 reform in Massachusetts that mandated the weekly payment of wages. We derive conditions on key elasticities of labor supply that determine the qualitative effects of the reform on workers’ effective wages and utility. We match census and administrative data on workers in a Lowell textile mill for a period encompassing the switch from monthly to weekly payment. Empirical estimates of a labor supply e…
A Normative Analysis of Impact Fees for Suburban Commercial Development
Using a circular city model to represent commercial development in a suburban setting, we present a normative analysis showing that complete reliance on impact fees is economically superior to any alternative relying on taxes levied on households. The reason is that impact fees allocate the cost of maintaining infrastructure services to those who benefit from the commercial development, whereas tax financing creates a fiscal externality wherein p…
The environments of environmental impact assessment: Transforming neoliberal environmental governance from within
The transformation of neoliberal environmental governance is beset by conceptual and empirical complexity. Utilising a governmentality conceptual and analytical framework, this piece seeks to illustrate how, on their own terms, environmental governance interventions create the potential for change via a modality I have labelled the temporalised environment. Through a discourse analysis of select guidance and regulatory documents, a programmer's v…
Full downside risk aversion
Economics (8 works) · Fiscal Policy and Economic Growth (4 works) · Microeconomics (4 works) · Political science (4 works) · Epistemology (3 works) · Gender, Labor, and Family Dynamics (3 works) · Law (3 works) · Public economics (3 works) · Welfare (3 works) · Actuarial science (2 works)