Exceptional Academic Behavior -- Reinhard Selten a Wanderer -- Encounters with Reinhard Selten: An Office Mate’s Report -- Reinhard Selten’s Frankfurt Years from the Perspective of a Co-player -- Reinhard Selten and the Scientific Climate in Frankfurt During the Fifties -- Reinhard Selten...

Overconfidence is a well-established behavioral phenomenon that involves an overestimation of own capabilities. We introduce a model, in which managers and agents exert effort in a joint production, after the manager decides on the allocation of the tasks. A rational manager tends to delegate...