Title:Dynamic Decision Making Under Rolling Admissions: Evidence from U.S. Law School Applications
Speaker: Yu Wang, Ryerson University
Time: 10:00 – 11:30 (Beijing Time, GMT+8), 7 May 2021
Mode:Online
Zoom ID: 931 678 9264
Password:790971
About the speaker
Yu Wang is an assistant professor of Economics at Ryerson University. Her research interests include labor economics and political economy. Her current works focus on the applications and admissions at higher education markets. She has published at Journal of Monetary Economics and European Economics Review. She has a Ph.D. in Economics from the University of Pennsylvania
Admission processes in many higher education markets are inherently dynamic. We study timing of student application and school admission under rolling admissions using a unique U.S. law school market dataset. Our results show that law schools employ non-stationary admission standards within application cycles: applications submitted earlier enjoy a considerable admission advantage relative to later applications. We provide evidence for three types of frictions that constrain applicants from applying earlier.