Regression modelRanking models
Elo Rating System
The Elo Rating System is a pairwise comparison-based ranking method developed by Hungarian-American physicist and chess master Arpad Elo and formally published in 1978. Originally designed to assess the relative skill levels of chess players, it assigns each competitor a numerical rating that rises or falls after each encounter based on the expected versus actual outcome. The system assumes that player performance follows a logistic distribution, enabling probabilistic predictions of match results and continuous rating refinement over time.
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Sources
- Elo, A. E. (1978). The Rating of Chessplayers, Past and Present. Arco Publishing. ISBN: 978-0-668-04721-0