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proglottis commented
It shouldn't be too hard to add a period to Tournament. It's only the job that makes it a week.
https://github.com/proglottis/ladder/blob/master/config/schedule.rb#L4
A week was chosen pretty arbitrarily because the Glicko paper suggests quite a lot of games per person per rating period:
The Glicko-2 system works best when the number of games in a rating period is moderate to large, say an average of at least 10-15 games per player in a rating period
And a week is probably as long as I would want to wait while trying to keep things interesting.