An Iterative Procedure for Evaluating Digraph Competitions
Peter Borm,
Rene van den Brink () and
Marco Slikker
Annals of Operations Research, 2002, vol. 109, issue 1, 75 pages
Abstract:
A competition which is based on the results of (partial) pairwise comparisons can be modelled by means of a directed graph. Given initial weights on the nodes in such digraph competitions, we view the measurement of the importance (i.e., the cardinal ranking) of the nodes as an allocation problem where we redistribute the initial weights on the basis of insights from cooperative game theory. After describing the resulting procedure of redistributing the initial weights, an iterative process is described that repeats this procedure: at each step the allocation obtained in the previous step determines the new input weights. Existence and uniqueness of the limit is established for arbitrary digraphs. Applications to the evaluation of, e.g., sport competitions and paired comparison experiments are discussed. Copyright Kluwer Academic Publishers 2002
Keywords: cooperative games; digraph competitions; limit measure; relational power measure; Shapley value; stochastic processes (search for similar items in EconPapers)
Date: 2002
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Working Paper: An iterative procedure for evaluating digraph competitions (2002) 
Working Paper: An Iterative Procedure for Evaluating Digraph Competitions (2000) 
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DOI: 10.1023/A:1016339832755
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