The Bowl Championship Series: A Mathematical Review
  We discuss individual components of the college football Bowl Championship Series, compare with a simple algorithm defined by random walks on a biased graph, attempt to predict whether the proposed changes will truly lead to increased BCS bowl access for non-BCS schools, and conclude by arguing that the true problem with the BCS Standings lies not in the computer algorithms, but rather in misguided addition. 
Thomas Callaghan, Peter J. Mucha, and Mason A. Porter