We estimate a model of strategic voting and quantify the impact it has on election outcomes. Because the model exhibits multiplicity of outcomes, we adopt a set estimator. Using Japanese general-election data, we find a large fraction [63.4%, 84.9%] of strategic voters, only a small fraction...

We estimate a model of strategic voting and quantify the impact it has on election outcomes. Because the model exhibits multiplicity of outcomes, we adopt a set estimator. Using Japanese general-election data, we find a large fraction [63.4%, 84.9%] of strategic voters, only a small fraction...

We estimate a model of strategic voting and quantify the impact it has on election outcomes. Because the model exhibits multiplicity of outcomes, we adopt a set estimator. Using Japanese general-election data, we find a large fraction [63.4%, 84.9%] of strategic voters, only a small fraction...

As firms often acquire incumbents to enter new markets, the presence of desirable targets affects entry and merger decisions simultaneously. We study these decisions jointly by estimating a two-sided matching model with externalities using data on commercial banks to investigate the effect of...