<p><a href="http://post.economics.harvard.edu/faculty/hoxby/papers/revealedprefranking.pdf%5B/url%5D">http://post.economics.harvard.edu/faculty/hoxby/papers/revealedprefranking.pdf</a></p>
<p>See also: "The Early Admissions Game", and "The Chosen" - the latter exerpted in the PAW, about Hargadon and the search for "the Princeton Type" .... a strategy which Rapelye has seemingly rejected in favor of going head-to-head with HYS etc for the top students.</p>
<p>SEE ALSO:</p>
<p>Yield declines to five-year low</p>
<p>By Chanakya Sethi
Princetonian Staff Writer</p>
<pre><code>The University's admissions yield dropped five percentage points from last year, declining to a five-year low, but Dean of Admission Janet Rapelye said the drop is not a problem.
The yield the percentage of accepted students who chose to matriculate at Princeton dropped from 73 percent in 2003 to 68 percent this year.
Rapelye said the decline is merely a consequence of a renewed focus in Princeton admissions: competing more directly with Harvard, Yale, Stanford and MIT for the best applicants.
"We're going for better students. We have more competition. We ought to be rejoicing that we're pushing that limit now," Rapelye said...
Also, the average SAT score for the class rose to 730 in both the math and verbal sections, an improvement of 20 and 10 points, respectively, over last year's figures.
"We knew we were taking a group of students who had, on paper, a slightly better profile [than in previous years] and we also knew by doing that, they would have more choices. That happens at any school," Rapelye said. "We knew that our yield would be slightly lower because of that, and it was."
As the quality of a college's accepted-students pool increases, so does the number of "cross-admits," or students admitted to other schools.
An individual college's yield may drop under such circumstances as it competes with other schools for the best students...."
</code></pre>
<p><a href="http://www.dailyprincetonian.com/archives/2004/10/07/news/10999.shtml%5B/url%5D">http://www.dailyprincetonian.com/archives/2004/10/07/news/10999.shtml</a></p>