Retaking the SAT
Using data on applicants to three selective universities, we analyze a college applicant’s decision to retake the SAT. We model this decision as an optimal search problem, and use the model to assess the impact of college admissions policies on retaking behavior. The most common test score ranking policy, which utilizes only the highest of all submitted scores, provides large incentives to retake the test. This places certain applicants at a disadvantage: those with high test-taking costs, those attaching low values to college admission, and those with ‘‘pessimistic’’ prior beliefs regarding their own ability.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Southwick, Lawrence Jr & Gill, Indermit S., 1997. "Unified salary schedule and student SAT scores: Adverse effects of adverse selection in the market for secondary school teachers," Economics of Education Review, Elsevier, vol. 16(2), pages 143-153, April.
- Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
When requesting a correction, please mention this item's handle: RePEc:uwp:jhriss:v:38:y:2003:i:1:p1-33. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.