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The many routes to the ubiquitous Bradley-Terry model

2023/12/21 by Ian Hamilton, Nick Tawn, Hamilton, Ian +3 · 2 voices · 1 citation
Economics, Econometrics and Finance · Decision Sciences · #Sports Analytics and Performance #Multi-Criteria Decision Making

paper · pdf · doi:10.48550/arxiv.2312.13619

Abstract

The rating of items based on pairwise comparisons has been a topic of statistical investigation for many decades. Numerous approaches have been proposed. One of the best known is the Bradley-Terry model. This paper seeks to assemble and explain a variety of motivations for its use. Some are based on principles or on maximising an objective function; others are derived from well-known statistical models, or stylised game scenarios. They include both examples well-known in the literature as well as what are believed to be novel presentations.

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