Dataset: riskgamble.dat

Source: D. Kahneman and A. Tversky (1984). "Choices,
Values, and Frames", American Psychologist, Vol.35, 
#4, pp. 341-350.

Description: Results of Choices by 150 students with respect
to gamble versus sure-thing, when framed as Gain versus Loss
(paired experiment).

Decision 1 Choose between:
A. a sure gain of $240
B. 25% chance for $1000 gain, 75% chance for $0 gain

Decision 2 Choose Between:
C. a sure loss of $750
D. 75% chance to lose $1000, 25% chance to lose $0


Variables/Columns
Decision 1 choice   1   /* 1=A, 2=B
Decision 2 choice   3   /* 1=C, 2=D
Number of students  5-7