Using utilitarian and Rawlsian policies to attract the creative class: A tale of two cities

Amitrajeet Batabyal and Seung Jick Yoo

International Review of Economics & Finance, 2020, vol. 69, issue C, 295-300

Abstract: Consider an aggregate economy of two cities. We study the impact that the use of utilitarian and Rawlsian policies by these two cities has on their ability to attract members of the so called creative class. We first focus on the case in which both cities adopt utilitarian policies. Second, we analyze the case where both cities implement Rawlsian policies. Third, we study the case where one city uses a Rawlsian policy but the other city pursues a utilitarian policy. Fourth, we compare the policy outcomes in the first and the third cases above and show that if one city switches to a Rawlsian or more egalitarian objective when the other city remains utilitarian, the aggregate economy becomes less egalitarian. Finally, we compare the second and the third cases above and demonstrate that if one city switches to a Rawlsian or more egalitarian objective when the other city remains Rawlsian, the aggregate economy becomes more egalitarian.

Keywords: City; Creative class; Egalitarian; Rawlsian; Utilitarian (search for similar items in EconPapers)
JEL-codes: D63 R11 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Using Utilitarian and Rawlsian Policies to Attract the Creative Class: A Tale of Two Cities (2020)
Working Paper: Using Utilitarian and Rawlsian Policies to Attract the Creative Class: A Tale of Two Cities (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:69:y:2020:i:c:p:295-300

DOI: 10.1016/j.iref.2020.06.012

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