3.1 Draw a version of the Rothschild-Stiglitz model where a separating equilibrium holds, but just barely (the robust-type indifference curve should almost touch the zero-profit line). 3.2 Imagine that all the robust types in the insurance market suddenly be- come much more risk-averse. How would this change the shape of their indifference curves? Show how this change can unravel the separating equilibrium. 3.1 Draw a version of the Rothschild-Stiglitz model where a separating equilibrium holds, but just barely (the robust-type indifference curve should almost touch the zero-profit line). 3.2 Imagine that all the robust types in the insurance market suddenly be- come much more risk-averse. How would this change the shape of their indifference curves? Show how this change can unravel the separating equilibrium