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In General, the Less Tangible the Resources and Capabilities That

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In general, the less tangible the resources and capabilities that are to be brought to a strategic alliance, the less costly it will be to estimate their value before an alliance is created and the more likely it is that adverse selection will occur.


Definitions:

ANOVA

Short for "Analysis of Variance," a statistical method used to compare the means of three or more samples to assess if at least one of the means is significantly different from the others.

Means Differ

A term indicating that there is a statistical difference between the averages of two or more groups.

LSAT Scores

These are the results from the Law School Admission Test, which is a standardized test used for admissions into law schools in the United States and several other countries.

Fisher's LSD Method

A post-hoc test named after Ronald Fisher, used in statistics to perform multiple comparisons after an ANOVA, determining if there are significant differences between pairs of group means.

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