Peer effect with more instruments

Average effect

• Tip

peer_effect_AvgTip_lag

                   avg_lag_peerAvgTip 
      -0.061124474        0.002409972 

• Stealcnt

peer_effect_stealcnt_lag

                                   log(avg_lag_peerTotalStealCnt + 1) 
                       0.034425506                        0.001457684 

• Stealamount

peer_effect_stealamt_lag

                                      log(avg_lag_peerTotalStealAmount + 1) 
                        -0.0140858769                          0.0008892785 

Strong connection vs weak connection

• Tip

• Strong

peer_effect_AvgTip_lag_strong

                   avg_lag_peerAvgTip 
      -0.017138186        0.003426373 

• weak

peer_effect_AvgTip_lag_weak

                   avg_lag_peerAvgTip 
      -0.122465120        0.003490134 

• Stealcnt

• Strong

peer_effect_stealcnt_lag_strong

                                   log(avg_lag_peerTotalStealCnt + 1) 
                        0.05409526                         0.00237193 

• weak

peer_effect_stealcnt_lag_weak

                                   log(avg_lag_peerTotalStealCnt + 1) 
                       0.018249834                        0.001830535 

• Stealamount

peer_effect_stealamt_lag_strong

                                      log(avg_lag_peerTotalStealAmount + 1) 
                          -0.01816780                            0.00151169 

peer_effect_stealamt_lag_weak

Most connected and other co-peers

• Tip

peer_effect_AvgTip_top_common

                                               toplagtargetAvgTip commonlagtargetAvgTip 
         -0.024129641          -0.051100641           0.001272292           0.001555007 

• Stealcnt

peer_effect_stealcnt_top_common

                                                                                
                           0.0133198543                            0.0218786123 
   log(toplagtargetTotalStealCount + 1) log(commonlagtargetTotalStealCount + 1) 
                           0.0008800572                            0.0012573543 

• StealAmount

peer_effect_stealamt_top_common

                                                                                  
                           -0.0065686504                            -0.0171689416 
   log(toplagtargetTotalStealAmount + 1) log(commonlagtargetTotalStealAmount + 1) 
                            0.0006124329                             0.0007676423