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Paired comparisons analysis: an axiomatic approach to ranking methods

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  • Julio González-Díaz
  • Ruud Hendrickx
  • Edwin Lohmann

Abstract

In this paper we present an axiomatic analysis of several ranking methods for general tournaments. We find that the ranking method obtained by applying maximum likelihood to the (Zermelo-)Bradley-Terry model, the most common method in statistics and psychology, is one of the ranking methods that perform best with respect to the set of properties under consideration. A less known ranking method, generalised row sum, performs well too. We also study, among others, the fair bets ranking method, widely studied in social choice, and the least squares method. Copyright Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Julio González-Díaz & Ruud Hendrickx & Edwin Lohmann, 2014. "Paired comparisons analysis: an axiomatic approach to ranking methods," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(1), pages 139-169, January.
    • Handle: RePEc:spr:sochwe:v:42:y:2014:i:1:p:139-169
    DOI: 10.1007/s00355-013-0726-2
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