StudentQualityandReportedStudentQualityHigher.pptVIP

Voluntary Disclosure, Inference and the Strategic Behavior of Colleges ;Optional SAT Policies;Optional SAT Policies;U.S. News World Report (Criteria and weights for rankings colleges) ;Prevalence of Optional Policy;Overview ;Research Questions;College Data;College Board Data;Optional SAT I policies;Summary Statistics;Table 1 Summary Statistics;Table 1 Summary Stats (cont);Table 1 Summary Stats (cont);Voluntary Disclosure: Theory;Voluntary Disclosure Example;Voluntary Disclosure Models;Voluntary Disclosure: Theory;Voluntary Disclosure: Empirical;Colleges’ Incentive to Institute Optional SAT Policy : Table 2;College’s Acceptance Decision  Table 3 Columns I and III: Probit Regression(Dependent Variable =1 if accept);Possible Explanations for Negative Coefficient Estimate Associated with Submit SATI;College’s Acceptance Decision  Table 3 Columns I and III (cont.);College’s Acceptance Decision  Table 3 Columns I and III (cont.); Is the college more likely to accept Applicant A or Applicant B if influenced by Ranking Organizations?; Is the college more likely to accept Applicant C or Applicant D if influenced by Ranking Organizations?;College’s Acceptance Decision  Table 3 Columns II and IV: Probit Regression;College’s Acceptance Decision  Table 4 : Predicted rather than Actual SAT I Score;Interpretation of Point Estimates;Interpretation of Point Estimates;Possible Explanations for Negative Coefficient Estimate Associated with Submit SATI;Submission on College X PerformanceTable 5B;Applicants’ Disclosure Decisions: Table 2;Figure 2: Predicted versus Actual SAT I Score for those who Chose not to Submit;Figure 2: Predicted versus Actual SAT I Score for those who Chose not to Submit;Conclusions from Reduced Form;Model and Structural Estimation;Summary Statistics for College X;Summary Statistics for College Y;Notation;Notation (cont);Applicant’s Decision to apply early decision and/or submit SAT I;Applicant applies early decision and submits [assuming E(εen)=