Social Media Mining integrates social media, social network analysis, and data mining to provide a convenient and coherent platform for students, practitioners, researchers, and project managers to understand the basics and potentials of social media mining. It introduces the unique problems arising from social media data and presents fundamental concepts, emerging issues, and effective algorithms for network analysis and data mining. Suitable for use in advanced undergraduate and beginning graduate courses as well as professional short courses, the text contains exercises of different degrees of difficulty that improve understanding and help apply concepts, principles, and methods in various scenarios of social media mining.
""As knowledge-intensive social events, conferences open up a space in which people and organizations can share and generate knowledge, intensify their existing cooperation activities and establish new contacts. By bringing together people
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Recent research has focused on the monitoring of global–scale online data for improved detection of epidemics, mood patterns, movements in the stock market political revolutions, box-office revenues, consumer behaviour and many other important phenomena. However, privacy considerations and the sheer scale of data available online are quickly making global monitoring infeasible, and existing methods do not take full advantage of local network structure to identify key nodes for monitoring. Here, we develop a model of the contagious spread of information in a global-scale, publicly-articulated social network and show that a simple method can yield not just early detection, but advance warning of contagious outbreaks. In this method, we randomly choose a small fraction of nodes in the network and then we randomly choose a friend of each node to include in a group for local monitoring. Using six months of data from most of the full Twittersphere, we show that this friend group is more central in the network and it helps us to detect viral outbreaks of the use of novel hashtags about 7 days earlier than we could with an equal-sized randomly chosen group. Moreover, the method actually works better than expected due to network structure alone because highly central actors are both more active and exhibit increased diversity in the information they transmit to others. These results suggest that local monitoring is not just more efficient, but also more effective, and it may be applied to monitor contagious processes in global–scale networks.
(Phys.org) —The question of how an economic system should be structured in order to best promote fairness and equality is one of the most debated subjects of all time. By approaching the complexities of this question from the field of network science, researchers from MIT and other institutions have ...
Social networks pervade our everyday lives: we interact, influence, and are influenced by our friends and acquaintances. With the advent of the World Wide Web, large amounts of data on social networks have become available, allowing the quantitative analysis of the distribution of information on them, including behavioral traits and fads. Recent studies of correlations among members of a social network, who exhibit the same trait, have shown that individuals influence not only their direct contacts but also friends’ friends, up to a network distance extending beyond their closest peers. Here, we show how such patterns of correlations between peers emerge in networked populations. We use standard models (yet reflecting intrinsically different mechanisms) of information spreading to argue that empirically observed patterns of correlation among peers emerge naturally from a wide range of dynamics, being essentially independent of the type of information, on how it spreads, and even on the class of underlying network that interconnects individuals. Finally, we show that the sparser and clustered the network, the more far reaching the influence of each individual will be. DOI: http://dx.doi.org/10.1103/PhysRevLett.112.098702
Origin of Peer Influence in Social Networks Phys. Rev. Lett. 112, 098702 – Published 6 March 2014 Flávio L. Pinheiro, Marta D. Santos, Francisco C. Santos, and Jorge M. Pacheco
Proxy Networks--Analyzing One Network To Reveal Another
Two books are linked if they were bought together at a major retailer on the web. I call these "buddy books". A link was drawn if either book of a pair listed the other as a buddy. The data made public by the retailer shows just the "best buddies" — the strongest ties. Other patterns may emerge with investigation of weaker ties. Amazon reveals only the top five or six books bought concurrently with a particular book. Seeing dozens of buddy books for each book would reveal some of the weaker ties and no doubt affect the structure of our network.
A network analysis of the top investors serving on the boards of Tech IPO Pipeline companies helps us start to answer the question: Who are some of the best VCs out there? (Interactive network graph included)
By Andrew Bergmann, for NBA.com Here’s a look at how starters on all 30 NBA teams share the basketball. (Click graphic to expand) The thickness of the gray lines on the accompanying chart represents the average number of passes per game between two players.
It is commonly believed that information spreads between individuals like a pathogen, with each exposure by an informed friend potentially resulting in a naive individual becoming infected. However, empirical studies of social media suggest that individual response to repeated exposure to information is far more complex. As a proxy for intervention experiments, we compare user responses to multiple exposures on two different social media sites, Twitter and Digg. We show that the position of exposing messages on the user-interface strongly affects social contagion. Accounting for this visibility significantly simplifies the dynamics of social contagion. The likelihood an individual will spread information increases monotonically with exposure, while explicit feedback about how many friends have previously spread it increases the likelihood of a response. We provide a framework for unifying information visibility, divided attention, and explicit social feedback to predict the temporal dynamics of user behavior.
The combination of the network theoretic approach with recently available abundant economic data leads to the development of novel analytic and computational tools for modelling and forecasting key economic indicators. The main idea is to introduce a topological component into the analysis, taking into account consistently all higher-order interactions. We present three basic methodologies to demonstrate different approaches to harness the resulting network gain. First, a multiple linear regression optimisation algorithm is used to generate a relational network between individual components of national balance of payment accounts. This model describes annual statistics with a high accuracy and delivers good forecasts for the majority of indicators. Second, an early-warning mechanism for global financial crises is presented, which combines network measures with standard economic indicators. From the analysis of the cross-border portfolio investment network of long-term debt securities, the proliferation of a wide range of over-the-counter-traded financial derivative products, such as credit default swaps, can be described in terms of gross-market values and notional outstanding amounts, which are associated with increased levels of market interdependence and systemic risk. Third, considering the flow-network of goods traded between G-20 economies, network statistics provide better proxies for key economic measures than conventional indicators. For example, it is shown that a country's gate-keeping potential, as a measure for local power, projects its annual change of GDP generally far better than the volume of its imports or exports.
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