Early Admission at Selective Colleges
Early admissions is widely used by selective colleges and universities. We identify
some basic facts about early admissions policies, including the admissions advantage
enjoyed by early applicants and patterns in application behavior, and propose a game-theoretic model that matches these facts. The key feature of the model is that colleges
want to admit students who are enthusiastic about attending, and early admissions
programs give students an opportunity to signal this enthusiasm.