We study the lower tail large deviation problem for subgraph counts in a random graph. Let denote the number of copies of in an Erd\H{o}s-R'enyi random graph . We are interested in estimating the lower tail probability $(X_H \le (1-\delta) X_H)0 < \delta < 1$. Thanks to the results of Chatterjee, Dembo, and Varadhan, this large deviation problem has been reduced to a natural variational problem over graphons, at least for (and conjecturally for a larger range of ). We study this variational problem and provide a partial characterization of the so-called “replica symmetric” phase. Informally, our main result says that for every , and for some , as slowly, the main contribution to the lower tail probability comes from Erd\H{o}s-R'enyi random graphs with a uniformly tilted edge density. On the other hand, this is false for non-bipartite and close to 1.

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