Dynamic Decision-Making under Rolling Admissions: Evidence from US Law School Applications

Yao Luo and Yu Wang

Journal of Law and Economics, 2023, vol. 66, issue 3, 433 - 463

Abstract: Admission processes in many higher-education markets are inherently dynamic. We study the timing of students’ applications and schools’ admissions under rolling admissions using unique data on US law schools. Our results show that law schools employ nonstationary admission standards within application cycles: applications submitted earlier enjoy a considerable advantage relative to later applications.

Date: 2023
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