Bayesian approach predicts future network structure in interbank markets, suggesting effective modeling for evolving systems.
Networks underpin systems that range from finance to biology, yet their structure is often only partially observed. Current reconstruction methods typically fit the parameters of a model anew to each snapshot, thus offering no guidance to predict future configurations. Here, we develop a Bayesian approach that uses the information about past network snapshots to inform a prior and predict the subsequent ones, while quantifying uncertainty. Instantiated with a single-parameter fitness model, our method infers link probabilities from node strengths and carries information forward in time. When applied to the Electronic Market for Interbank Deposit across the years 1999-2012, our method accurately recovers the number of connections per bank at subsequent times, outperforming probabilistic benchmarks designed for analogous, link prediction tasks. Notably, each predicted snapshot serves as a reliable prior for the next one, thus enabling self-sustained, out-of-sample reconstruction of evolving networks with a minimal amount of additional data. This study develops a Bayesian framework to reconstruct evolving networks from minimal past topological information and node-level data. Applied to interbank markets, it accurately predicts future network structure and sustains reconstruction without further topological input.
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Marzi et al. (2026) studied this question.
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