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#The author adds additional structure of a linear in means model. The model is specified as:
:<math>Y_{isc}=\theta\bar Y_{sc} + \phi\bar v_{sc} + \alpha_{sc} + \rho_{isc}</math>
The individual outcomes (<math>Y_{isc}</math> either compensation or acquisitions are effected by both mean group outcomes <math>bar Y_{sc}</math> and mean group fundamentals <math>bar v_{sc}</math>
===What Tests Achieved===
