Classical dynamics on graphs, like diffusion and random walks, can be defined using the graph Laplacian $L$. In this thesis we investigate fractional dynamics, a generalization of the classical dynamics on graphs: these dynamics are defined by means of a fractional power $L^\alpha$, $\alpha \in (0,1)$, of the graph Laplacian, and they have been recently used to model long-range, nonlocal dynamics on a network, i.e. situations in which the moving agents or particles can also jump directly between non-adjacent nodes, with a probability that is smaller for nodes that are a large distance apart. In order to compare this nonlocal behaviour with the locality of the classical dynamics, we prove power-law decay bounds for the entries of the fractio...