Evaluating Link Prediction Methods
Yang Yang, Ryan N. Lichtenwalter, Nitesh V. Chawla

TL;DR
This paper critically examines the evaluation methods for link prediction algorithms, highlighting challenges, proposing improved metrics, and providing guidelines to enhance reliability and reproducibility in research outcomes.
Contribution
It identifies evaluation challenges in link prediction, introduces theoretical and empirical insights, and recommends standardized metrics like precision-recall curves for better assessment.
Findings
Current evaluation methods can lead to questionable conclusions.
Precision-recall curves are more suitable than ROC curves for imbalanced data.
Proposed guidelines improve the reliability of link prediction assessments.
Abstract
Link prediction is a popular research area with important applications in a variety of disciplines, including biology, social science, security, and medicine. The fundamental requirement of link prediction is the accurate and effective prediction of new links in networks. While there are many different methods proposed for link prediction, we argue that the practical performance potential of these methods is often unknown because of challenges in the evaluation of link prediction, which impact the reliability and reproducibility of results. We describe these challenges, provide theoretical proofs and empirical examples demonstrating how current methods lead to questionable conclusions, show how the fallacy of these conclusions is illuminated by methods we propose, and develop recommendations for consistent, standard, and applicable evaluation metrics. We also recommend the use of…
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