  We introduce and study random bipartite networks with hidden variables. Nodes
in these networks are characterized by hidden variables which control the
appearance of links between node pairs. We derive analytic expressions for the
degree distribution, degree correlations, the distribution of the number of
common neighbors, and the bipartite clustering coefficient in these networks.
We also establish the relationship between degrees of nodes in original
bipartite networks and in their unipartite projections. We further demonstrate
how hidden variable formalism can be applied to analyze topological properties
of networks in certain bipartite network models, and verify our analytical
results in numerical simulations.
