In this chapter, we are going to talk about node importance, also known as centrality algorithms. As you will discover, several techniques have been developed, based on the definition of importance for a given graph and a given problem. We will learn about the most famous techniques, starting with degree centrality and the PageRank algorithm used by Google. For the latter, we will go through an example implementation and run it on a simple graph to fully understand how it works and when it can be used. After discovering the other types of centrality algorithms, such as betweenness centrality, we will conclude this chapter with explanations of how centrality algorithms can be used in the context of fraud detection. In this ...
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