How to make the top ten: Approximating PageRank from in-degree
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PageRank has become a key element in the success of search engines, allowing to rank the most important hits in the top screen of results. One key aspect that distinguishes PageRank from other prestige measures such as in-degree is its global nature. From the information provider perspective, this makes it difficult or impossible to predict how their pages will be ranked. Consequently a market has emerged for the optimization of search engine results. Here we study the accuracy with which PageRank can be approximated by in-degree, a local measure made freely available by search engines. Theoretical and empirical analyses lead to conclude that given the weak degree correlations in the Web link graph, the approximation can be relatively accurate, giving service and information providers an effective new marketing tool.
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