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Objective Bayesian Methods for Model Selection: Introduction and Comparison

Objective Bayesian Methods for Model Selection: Introduction and Comparison

The basics of the Bayesian approach to model selection are first presented, as well as the motivations for the Bayesian approach.We then review four methods of developing default Bayesian procedures that have undergone considerable recent development, the Conventional Prior approach, the Bayes Information Criterion, the Intrinsic Bayes Factor, and the …