ABSTRACT:We present an approximation algorithm for {0, 1}-instances of the travelling salesman problem which performs well with respect to combinatorial dominance. More precisely, we give a polynomial-time algorithm which has domination ratio 1 − n −1/29 . In other words, given a {0, 1}-edge-weighting of the complete graph K n on n vertices, our algorithm outputs a Hamilton cycle H * of K n with the following property: the proportion of Hamilton cycles of K n whose weight is smaller than that of H * is at most n −1/29 . Our analysis is based on a martingale approach. Previously, the best result in this direction was a polynomial-time algorithm with domination ratio 1/2 − o(1) for arbitrary edge-weights. We also prove a hardness result showing that, if the Exponential Time Hypothesis holds, there exists a constant C such that n −1/29 cannot be replaced by exp(−(log n) C ) in the result above.