Table 1.

Degree information with offer eligibility probabilities.

Degree numerical code	LSR	Amount paid if made an offer	Probability of obtaining an offer (not displayed to participants)
42055	85.00	10.00	0.10
19959	82.00	9.00	0.30
56769	81.00	8.00	0.50
65028	80.50	7.00	0.75
73027 (guaranteed entry)	79.00	6.00	1
82747	78.00	5.00	1

This table reports the numerical codes of each degree presented to the subjects and the corresponding LSR, payment, and a subject's ex ante probability of getting an offer from that degree.