Business, 20.06.2020 18:57 nya6557

Under "early decision" college admission plans, students apply to a college in the fall and, if they are accepted, they must enroll in that college. Some critics of early decision plans, including some college presidents, argue that the plans put too much pressure on students to decide early in their senior year in high school which college to attend. Some college administrators have proposed abolishing early decision plans, but as a columnist in the New York Times noted, "It's more prevalent than ever, with some selective schools using it to fill upward of 40 percent of their incoming freshman class." Source: Frank Bruni, "The Plague of 'Early Decision,'" New York Times, December 21, 2016. Can game theory help analyze this situation? Game theoryLOADING... can help us analyze this situation as an example of what?

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Under "early decision" college admission plans, students apply to a college in the fall and, if they...