Can someone please explain how these acceptance "waves" are suppose to work out, or point to somewhere that explains them?
From what I can gather, it seems like the acceptance process would just end up in one huge standoff as schools wait for their top picks to accept before they send out another wave of acceptances. Meanwhile, students hesitate to accept as they wait for their favorite schools to send out another wave. Eventually, one party has to either make the gamble or take what they can get. How is the system set up to make sure this happens?
i apologize if this has already been discussed at length. i cant find a comprehensive answer