Claim: Uwe Sunde worked with Armin Falk, the 2009 Leibniz Prize winner, and found that risk averse individuals do not sort themselves into occupations with low earnings risk.
Evidence: Together with Holger Bonin, they find that risk averse individuals sort themselves into occupations with low earnings risk, independently of where they live (in Germany), what gender they are or what their previous labour market experience was.