<p>^^ <a href=“http://facultysenate.stanford.edu/2010_2011/minutes/10_07_10_SenD6388.pdf[/url]”>http://facultysenate.stanford.edu/2010_2011/minutes/10_07_10_SenD6388.pdf</a> (p. 20)</p>
<p>See also:
<a href=“http://www.nber.org/papers/w10803[/url]”>http://www.nber.org/papers/w10803</a></p>
<p>(Of course, as the OP suggests, Stanford rejects the vast majority of its applicants, many of whom wind up at schools other than Berkeley).</p>