Mining social networks – Untangling the social web
Recent The Economist article on how the analysis of social connections ranging from retailing to counterterrorism is proving useful insights. Modelling social relationships is akin to creating an “index of power”, says Stephen Borgatti, a network-analysis expert at the University of Kentucky in Lexington. Ellen Joyner of SAS, an analytics firm based in Cary, North Carolina, notes that more and more financial firms are using the software to uncover fraud.
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