Testing order constraints : Qualitative differences between Bayes factors and normalized maximum likelihood

By Daniel W. Heck, Eric-Jan Wagenmakers, Richard D. Morey. 2014

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We compared Bayes factors to normalized maximum likelihood for the simple case of selecting between an order-constrained versus a full binomial model. This comparison revealed two qualitative differences in testing order constraints regarding data dependence and model preference.

Subfields: Statistics and Probability