Latent Space Models for Dynamic Networks
Daniel K. Sewell, Yuguo Chen

TL;DR
This paper introduces a latent space model for dynamic networks that visualizes and analyzes the evolution of relationships over time, with applications to real-world social and political networks.
Contribution
It presents a novel latent space approach with an MCMC estimation method for dynamic networks, including visualization and influence detection capabilities.
Findings
Effective visualization of network evolution
Successful application to real-world datasets
Ability to predict future network edges
Abstract
Dynamic networks are used in a variety of fields to represent the structure and evolution of the relationships between entities. We present a model which embeds longitudinal network data as trajectories in a latent Euclidean space. A Markov chain Monte Carlo algorithm is proposed to estimate the model parameters and latent positions of the actors in the network. The model yields meaningful visualization of dynamic networks, giving the researcher insight into the evolution and the structure, both local and global, of the network. The model handles directed or undirected edges, easily handles missing edges, and lends itself well to predicting future edges. Further, a novel approach is given to detect and visualize an attracting influence between actors using only the edge information. We use the case-control likelihood approximation to speed up the estimation algorithm, modifying it…
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