This paper adopts a "revealed preference" approach to the question of what can be inferred about bias in a political system. We model an infinite horizon, dynamic economy and its political system from the point of view of an "outside observer." The observer sees a finite sequence of policy data,...

This paper examines the Faustian dynamics of policy and power. We posit a general class of dynamic games in which current policies affect the future distribution of political power, resulting in the following "Faustian trade-off": if the current ruler chooses his preferred policy, he then...