I have made available last ¡­

I have made available last year's exam problem set, and I suggest that Tuesday's lecture will cover #5 from this as a review.

That means that the seminar will prioritize an adverse selection problem, while I will give priority to the moral hazard model. I might also, if time permits, say a few words on problem 3 in the seminar problem set, so you might want to have a look at that before Tuesday.