"We examine the asymptotic distribution of estimated coefficients and endogenous variables in a dynamic self-referential model when agents learn adaptively using a constant gain stochastic gradient algorithm. The model environment can represent a number of economic models, including asset...

Consistent with nonprofit fundraising practices, donation visibility has been shown to increase giving. While concern for status is used to explain this response, the authors argue that this explanation relies on the assumption that giving signals only income or generosity. When giving signals...