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In this chapter, we discuss various issues that arise when networks increase in size. What does it mean for a network to increase in size and how would we visualize that process? Can a sequence of networks, increasing in size, converge to a limit, and what would such a limit look like? We discuss the transformation of an adjacency matrix to a pixel picture and what it means for a sequence of pixel pictures to increase in size. If a limit exists, the resulting function is called a limit graphon, but it is not itself a network. Estimation of a graphon is also discussed and methods described include an approximation by SBM and a network histogram.
As we have seen, networks, such as the Internet and World Wide Web, social networks (e.g., Facebook and LinkedIn), biological networks (e.g., gene regulatory networks, PPI networks, networks of the brain), transportation networks, and ecological networks are becoming larger and larger in today’s interconnected world. Some of these networks are truly huge and difficult, if not impossible, to analyze completely and efficiently. In this chapter, we discuss some of the issues involving comparing networks for similarity or differences, including choice of similarity measures, exchangeable random structures of networks, and property testing in networks.
In this multicentre study, we compared the status of antibody production in healthcare personnel (HCP) before and after vaccination using different brands of COVID-19 vaccines between March 2021 and September 2021. Out of a total of 962 HCP enrolled in our study, the antibody against the S1 domain of SARS-CoV-2 was detected in 48.3%, 95.5% and 96.2% of them before, after the first and the second doses of the vaccines, respectively. Our results showed post-vaccination infection in 3.7% and 5.9% of the individuals after the first and second doses of vaccines, respectively. The infection was significantly lower in HCP who presented higher antibody titres before the vaccination. Although types of vaccines did not show a significant difference in the infection rate, a lower infection rate was recorded for AstraZeneca after the second vaccination course. This rate was equal among individuals receiving a second dose of Sinopharm and Sputnik. Vaccine-related side effects were more frequent among AstraZeneca recipients after the first dose and among Sputnik recipients after the second dose. In conclusion, our results showed diversity among different brands of COVID-19 vaccines; however, it seems that two doses of the vaccines could induce an antibody response in most of HCP. The induced immunity could persist for 3–5 months after the second vaccination course.
In this chapter, we introduce a number of parametric statistical models that have been used to model network data. The social network literature has named them , , and models, the last of which has also been referred to as an ERGM (exponential random graph model).
When a network is too large to study completely, we sample from that network just as we would sample from any large population. The structure of network data, however, is more complicated than that of standard statistical data. The main question is, how can one sample from a network that has nodes and edges? Should we sample the nodes? Or should we sample the edges? The answers to these questions depend upon the complexity of the network. In this chapter, we examine various methods of sampling a network.
Random graphs were introduced by the Hungarian mathematicians Erdős and Rényi (, ), who imposed a probabilistic framework on classical combinatorial graph theory. At the same time, Edgar N. Gilbert () also studied the theoretical properties of random graphs.
Much of what is studied in network analysis derives from the observation that nodes in a graph often tend to form “cohesive groups” or, as they are called in social networks, communities, clusters, or modules. This chapter describes statistical methods for identifying such communities using the stochastic blockmodel and an approach based upon the concept of modularity.
In this and the next three chapters, we study the problem of graph partitioning, which deals with the question of how to divide up the nodes into homogeneous groups (if they exist). This topic is currently receiving the greater part of research activity within the network science community. In this chapter, we describe various methods for graph partitioning using graph cuts, including binary cuts, ratio cuts, normalized cuts, and multiway cuts.
In this book, we develop the theory and methodology for modeling networks. Before we do that, however, we will find it useful to describe examples of the types of real-world networks that exist today. We will be referring to these networks throughout the book. Indeed, there are many different kinds of networks, some small and some big, some simple and some, by the nature of their underlying structure, very complicated.
This paper considers the pricing of long-term options on assets such as housing, where either government intervention or the economic nature of the asset limits large falls in prices. The observed asset price is modelled by a geometric Brownian motion (“the notional price”) reflected at a lower barrier. The resulting observed price has standard dynamics but with localised intervention at the barrier, which allows arbitrage with interim losses; this is funded by the government’s unlimited powers of intervention, and its exploitation is subject to credit constraints. Despite the lack of an equivalent martingale measure for the observed price, options on this price can be expressed as compound options on the arbitrage-free notional price, to which standard risk-neutral arguments can be applied. Because option deltas tend to zero when the observed price approaches the barrier, hedging with the observed price gives the same results as hedging with the notional price and so exactly replicates option payoffs. Hedging schemes are not unique, with the cheapest scheme for any derivative being the one which best exploits the interventions at the barrier. The price of a put is clear: direct replication has a lower initial cost than synthetic replication, and the replication portfolio always has positive value. The price of a call is ambiguous: synthetic replication has a lower initial cost than direct replication, but the replication portfolio may give interim losses. So the preferred replication strategy (and hence price) of a call depends on what margin payments need to be made on these losses.
So far, we have assumed that if there are several communities in a network, then those communities are distinct and non-overlapping. In this chapter, we discuss situations in which communities overlap with each other. We describe a number of algorithms for modeling overlapping communities, such as mixed-membership SBMs, link-based clustering, overlapping SBMs, the community-affiliation graph model, and the latent cluster random-effects model.
The aim of this chapter is to provide readers with an introduction to the basic ideas of networks and their representation by graphs. We will be using ideas, definitions, terminology, and notation from graph theory throughout this book.
There have been several attempts at incorporating real-world components into network generation and growth. Most attention has centered on trying to create a desired structure for the node-degree distribution, such as clustering and the power-law property. This chapter discusses the advantages and disadvantages of the “configuration” and the “expected-degree” models, and describes how the growth of a network can be formulated through the “preferential-attachment” and “random-copying” (or “duplication”) models.
This chapter describes the small-world phenomenon and the Watts–Strogatz model, degree distributions, power-law distributions, and scale-free networks.