English

Performance rating in chess, tennis, and other contexts

Theoretical Economics 2023-12-21 v1 Multiagent Systems

Abstract

In this note, I introduce Estimated Performance Rating (PRe^e), a novel system for evaluating player performance in sports and games. PRe^e addresses a key limitation of the Tournament Performance Rating (TPR) system, which is undefined for zero or perfect scores in a series of games. PRe^e is defined as the rating that solves an optimization problem related to scoring probability, making it applicable for any performance level. The main theorem establishes that the PRe^e of a player is equivalent to the TPR whenever the latter is defined. I then apply this system to historically significant win-streaks in association football, tennis, and chess. Beyond sports, PRe^e has broad applicability in domains where Elo ratings are used, from college rankings to the evaluation of large language models.

Keywords

Cite

@article{arxiv.2312.12700,
  title  = {Performance rating in chess, tennis, and other contexts},
  author = {Mehmet S. Ismail},
  journal= {arXiv preprint arXiv:2312.12700},
  year   = {2023}
}