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A tournament framework for the ranking and selection problem

Published: 09 December 2007 Publication History
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  • Abstract

    A tournament can be broadly defined as a procedure that ranks agents, where they exhibit their performance in a noisy environment. By observing the agents' performance, the organizer computes their ranking and rewards them according to the revealed ranking. The organizer's challenge is therefore to determine the optimal tournament format that identifies the best agent in the most effective fashion. Tournaments thus provide a natural framework for ranking and selection (R&S) via simulation, which represents a set of approaches developed to complement the modeling flexibility of simulation with the efficiency of statistical techniques for effective decision making. In this paper, following the introduction of a general framework to represent various tournament formats and to assess their predictive power, we will report preliminary experimental results on the effectiveness of tournaments in identifying the best simulated system with the desired probability of correct selection in the presence of costs.

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    Published In

    cover image ACM Conferences
    WSC '07: Proceedings of the 39th conference on Winter simulation: 40 years! The best is yet to come
    December 2007
    2659 pages
    ISBN:1424413060

    Sponsors

    • IIE: Institute of Industrial Engineers
    • INFORMS-SIM: Institute for Operations Research and the Management Sciences: Simulation Society
    • ASA: American Statistical Association
    • IEEE/SMC: Institute of Electrical and Electronics Engineers: Systems, Man, and Cybernetics Society
    • SIGSIM: ACM Special Interest Group on Simulation and Modeling
    • NIST: National Institute of Standards and Technology
    • (SCS): The Society for Modeling and Simulation International

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    Published: 09 December 2007

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    Sponsor:
    • IIE
    • INFORMS-SIM
    • ASA
    • IEEE/SMC
    • SIGSIM
    • NIST
    • (SCS)
    WSC07: Winter Simulation Conference
    December 9 - 12, 2007
    Washington D.C.

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    WSC '07 Paper Acceptance Rate 152 of 244 submissions, 62%;
    Overall Acceptance Rate 3,413 of 5,075 submissions, 67%

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