Re: Player vector and tournament equity
the vector can be something like (%First place finish, %2nd place finish,.....) or another suitable combination of parameters that can determine tournament equity, before play can start, or atleast approximate it.
well, I'm assuming that RoI does'nt provide an accurate enough estimation of tournament equity.
But maybe it does. Or maybe it is a close enough approximation.
You could simply add everyones RoI, and divide your RoI with the sum. That could be your potential equity in this trny.
However such an analysis is disjoint from the payout structure or other similar factors. Assuming consistent payout strutucture, maybe there is something to this hypothesis, but its far from a rigourous validation.
Anyway, what I was curious about is if anyone had attempted any such characterization in the past. Or anything close to it. Or maybe there is a similar problem in another field, which has a solution that can be adapted with some modifications.
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