What do you do when you are eliminated?

This question is highly dependent on league structure, so I am interested in hearing how different leagues prevent tanking and other bad behavior.

In my home league, i’ve been eliminated from the playoffs for the first time since 2011, due to a 7 way tie for 2nd place lol. I would never dump players or do anything terrible but im wondering if tanking is a bad strategy. In this league you get a choice of draft order based on standings from previous year (last place gets to pick their draft position, then 2nd to last, etc.) . I’ll already have a top pick but im wondering if I should lose the next couple weeks to guarantee my choice of a pick.