Generalizations of the clustering coefficient to weighted complex networks

Abstract

The recent high level of interest in weighted complex networks gives rise to a need to develop new measures and to generalize existing ones to take the weights of links into account. Here we focus on various generalizations of the clustering coefficient, which is one of the central characteristics in the complex network theory. We present a comparative study of the several suggestions introduced in the literature, and point out their advantages and limitations. The concepts are illustrated by simple examples as well as by empirical data of the world trade and weighted coauthorship networks.