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lines changed Original file line number Diff line number Diff line change @@ -143,7 +143,7 @@ to compute $V^u_{j+1}$.
143143
144144* Iterate to convergence.
145145
146- ### Unemployment Insurance with Full Information
146+ ### Full Information
147147
148148Another benchmark model helps set the stage for the model with private information that we ultimately want to study.
149149
@@ -248,7 +248,7 @@ during the unemployment spell.
248248But the worker's consumption is not smoothed across states of
249249employment and unemployment unless $V=V^e$.
250250
251- ### The incentive problem
251+ ### Incentive Problem
252252
253253The preceding efficient insurance scheme requires that the insurance agency
254254control both $c$ and $a$.
@@ -309,7 +309,7 @@ The efficient contract
309309relies on the agency's ability to control *both* the unemployed
310310worker's consumption *and* his search effort.
311311
312- ## Unemployment Insurance with Private Information
312+ ## Private Information
313313
314314Following Shavell and Weiss (1979) {cite}`Shavell_Weiss_79` and
315315Hopenhayn and Nicolini (1997) {cite}`Hopenhayn_Nicolini_97`, now assume that the unemployment insurance agency cannot
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