Conclusions: Individual Preferences

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• A majority of participants conform reasonably well to standard assumptions
  • 25 of 66 had r2 values above 0.90
  • 51 of 66 had upper bound r2 values above 0.90
  • for them constant mix strategies may be appropriate

• A substantial minority of partipants did not conform well with standard assumptions
  • for them dynamic strategies may be preferable
  • but only if added expected utility exceeds cost