Normalized adjacency operator of a bipartite graph ($({\theta }_{G}v)(x)={\mathbb{E}}_{y}G(x,y)v(y)$)

Equip the function spaces of the two nonempty parts of a bipartite graph with uniform inner products. Its normalized adjacency operator is $({\theta }_{G}v)(x)={\mathbb{E}}_{y}G(x,y)v(y)$. In orthonormal coordinate bases, its matrix is $G/\sqrt{|X||Y|}$, not the unscaled adjacency matrix. For a biregular graph of edge density of a bipartite graph $\gamma$, constant functions give a largest singular value $\gamma$, and the remaining singular values belong to the centered kernel $G-\gamma$.