The problem of ranking, in which the goal is to learn a real-valued ranking function that induces a ranking or ordering over an instance space, has recently gained attention in machine learning. We study generalization properties of ranking algorithms, in a particular setting of the ranking problem known as the bipartite ranking problem, using the notion of algorithmic stability. In particular, we derive generalization bounds for bipartite ranking algorithms that have good stability properties. We show that kernel-based ranking algorithms that perform regularization in a reproducing kernel Hilbert space have such stability properties, and therefore our bounds can be applied to these algorithms; this is in contrast with previous generalization bounds for ranking, which are based on uniform convergence and in many cases cannot be applied to these algorithms. A comparison of the bounds we obtain with corresponding bounds for classification algorithms yields some interesting insights into...