- To be submitted: Chen, Y. and A. Volfovsky. Dynamic Latent Space Model on Directed Network
Dynamic network data have become ubiquitous in social network analysis, with new information becoming available that capture when friendships form, when corporate transactions happen and when countries interact with each other. Flexible and interpretable models are needed in order to properly capture the behavior of individuals in such networks.
We extend the directed additive and multiplicative effects network model to the continuous time setting by introducing treating the time-evolution of model parameters using Gaussian processes. Importantly we incorporate both time-varying covariates and node-level additive random effects that aid in increasing model realism. Not only does the model offer high quality predictive accuracy, but the latent parameters naturally map onto world events that are not directly measured in the data.