"Ranking Algorithms" is chapter 14 in the Frakes and Baeza-Yates book. It gives a good discussion of the tradeoffs and choices among different term-weighting strategies.
Description of boolean retrieval, vector space model, probabilistic retrieval, latent semantic indexing and other IR topics. An introduction to various classical ranking methods is also provided.
It describes key issues in document ranking techniques based on the vector space model. Several TF*IDF variants are discussed. The cosine measure, recall and precision are introduced. [PS format]