Answers are grounded in this paper and cite their sources.
The problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion. These terms are a valid large-sample criterion beyond the Bayesian context, since they do not depend on the a priori distribution.
No takes yet. Share an insight, caveat, or question.
Gideon E. Schwarz (1978) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: