TY - JOUR
T1 - Generalizing the Elo rating system for multiplayer games and races
T2 - why endurance is better than speed
AU - Powell, Ben
N1 - © 2023 Walter de Gruyter GmbH, Berlin/Boston. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details
PY - 2023/9/28
Y1 - 2023/9/28
N2 - We introduce a non-standard generalization of the Elo rating system for competitions involving two or more participants. The new system can be understood as an on-line estimation algorithm for the parameters of a Plackett-Luce model which can be used to make probabilistic forecasts for the results of future competitions. The system's distinguishing feature is the way it treats competitions as sequences of elimination-type rounds that sequentially identify the worst competitors rather than sequences of selection-type rounds that identify the best. The significance of this important modelling choice is discussed and its consequences are explored. Finally, our generalized Elo system's predictive power is demonstrated using data from Formula One racing.
AB - We introduce a non-standard generalization of the Elo rating system for competitions involving two or more participants. The new system can be understood as an on-line estimation algorithm for the parameters of a Plackett-Luce model which can be used to make probabilistic forecasts for the results of future competitions. The system's distinguishing feature is the way it treats competitions as sequences of elimination-type rounds that sequentially identify the worst competitors rather than sequences of selection-type rounds that identify the best. The significance of this important modelling choice is discussed and its consequences are explored. Finally, our generalized Elo system's predictive power is demonstrated using data from Formula One racing.
U2 - 10.1515/jqas-2023-0004
DO - 10.1515/jqas-2023-0004
M3 - Article
SN - 1559-0410
VL - 19
SP - 223
EP - 243
JO - Journal of Quantitative Analysis in Sports
JF - Journal of Quantitative Analysis in Sports
IS - 3
ER -