Intrigued, yet a little puzzled, by the concern commentators Cilek and Marchetti raise above about instant-runoff voting potentially causing voters to undermine their preferred candidate by casting their first place votes for him or her, I worked through some scenarios.
Here is a hypothetical ranked-choice election, where the problem seems to arise:
Imagine an election with 100 voters and three candidates: Tom, Dick, and Harry.
The voters cast their first-place votes this way:
Tom: 43
Dick: 29
Harry: 28
Tom easily survives for the second round. It's close between Dick and Harry. Dick's and Harry's supporters cast their second-place votes like this: