This article reconstructs Franco Modigliani’s and Herbert Simon’s close collaboration over the 1950s on implementation of a decision theory under uncertainty that partly contributed to the genesis of behavioral economics and rational expectations theory. Their collaboration reveals how the...

This note discusses Modigliani's and Sylos Labini's unemployment theory starting from a long letter Modigliani wrote to his friend and colleague, commenting the provisional edition of "Oligopolio e Progresso Tecnico" (1956). While in his influential article review (1958) Modigliani especially...

This note discusses Modigliani's and Sylos Labini's unemployment theory starting from a long letter Modigliani wrote to his friend and colleague, commenting the provisional edition of "Oligopolio e Progresso Tecnico" (1956). While in his influential article review (1958) Modigliani especially...