Dataset:  flood_lottery.csv

Source: L. Page, D.A. Savage, B. Torgler (2014). "Variation in Risk 
Seeking Behaviour Following Large Losses, A Natural Experiment,"
European Economic Review, Vol. 71, pp. 121-131.

Description: Experiment to determine whether people had suffered
large real-world losses showed differences in risk taking than those
who had not. Groups: People who had been affected by the 2011 flood
of Brisbane Australia (n=94) and people not affected (n=107).
Outcomes: Choice between Sure $10 and a scratch card valued at $10 but with
maximum prize of $500000

Variables
lottery   (1=$10, 2=scratch card)
flood     (1=unaffected, 2=affected)