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This paper studies the model selection problem in a large class of causal time series models, which includes both the ARMA or AR($\infty$) processes, as well as the GARCH or ARCH($\infty$), APARCH, ARMA-GARCH and many others processes. We…

Statistics Theory · Mathematics 2021-10-20 Jean-Marc Bardet , Kamila Kare , William Kengne

We introduce a new criterion to determine the order of an autoregressive model fitted to time series data. It has the benefits of the two well-known model selection techniques, the Akaike information criterion and the Bayesian information…

Statistics Theory · Mathematics 2016-08-25 Jie Ding , Vahid Tarokh , Yuhong Yang

Model selection in linear regression models is a major challenge when dealing with high-dimensional data where the number of available measurements (sample size) is much smaller than the dimension of the parameter space. Traditional methods…

Signal Processing · Electrical Eng. & Systems 2023-07-05 Prakash B. Gohain , Magnus Jansson

While the Bayesian Information Criterion (BIC) and Akaike Information Criterion (AIC) are powerful tools for model selection in linear regression, they are built on different prior assumptions and thereby apply to different data generation…

Methodology · Statistics 2017-12-15 MB de Kock , HC Eggers

In what follows we study non asymptotic behavior of different well known estimators AIC(\cite{Tong}), BIC(\cite{Schwarz}) and EDC(\cite{Zhao,Dorea}) in contrast with the Markov chain order estimator, named as Global Depency Level -…

Statistics Theory · Mathematics 2012-11-02 Angel Rodolfo Baigorri

In the information-based paradigm of inference, model selection is performed by selecting the candidate model with the best estimated predictive performance. The success of this approach depends on the accuracy of the estimate of the…

Machine Learning · Statistics 2018-06-11 Colin H. LaMont , Paul A. Wiggins

The Akaike information criterion (AIC) is commonly used to select a logistic regression model for optimal prediction of a binary response by a specified family of models. It however lacks a convincing method of prescribing a proper family…

Methodology · Statistics 2018-04-10 Jiun-Wei Liou , Michelle Liou , Philip E. Cheng , Chin-Chiuan Lin

We develop an algorithm for model selection which allows for the consideration of a combinatorially large number of candidate models governing a dynamical system. The innovation circumvents a disadvantage of standard model selection which…

Data Analysis, Statistics and Probability · Physics 2017-11-01 Niall M. Mangan , J. Nathan Kutz , Steven L. Brunton , Joshua L. Proctor

We present a model selection framework for the extraction of the CKM matrix element $|V_{cb}|$ from exclusive $B \to D^* l \nu$ decays. By framing the truncation of the Boyd-Grinstein-Lebed (BGL) parameterization as a model selection task,…

High Energy Physics - Phenomenology · Physics 2024-12-11 Eric Persson , Florian Bernlochner

The Schwarz or Bayesian information criterion (BIC) is one of the most widely used tools for model comparison in social science research. The BIC however is not suitable for evaluating models with order constraints on the parameters of…

Methodology · Statistics 2019-05-01 Joris Mulder , Adrian E. Raftery

The use of Bayesian information criterion (BIC) in the model selection procedure is under the assumption that the observations are independent and identically distributed (i.i.d.). However, in practice, we do not always have i.i.d. samples.…

Applications · Statistics 2021-05-03 Nan Shen , Bárbara González

Multi-dimensional classification (MDC) is the supervised learning problem where an instance is associated with multiple classes, rather than with a single class, as in traditional classification problems. Since these classes are often…

Machine Learning · Computer Science 2014-05-20 Jesse Read , Luca Martino , David Luengo

Regression models fitted to data can be assessed on their goodness of fit, though models with many parameters should be disfavored to prevent over-fitting. Statisticians' tools for this are little known to physical scientists. These include…

Methodology · Statistics 2013-05-28 Robert S. Maier

In many conventional scientific investigations with high or ultra-high dimensional feature spaces, the relevant features, though sparse, are large in number compared with classical statistical problems, and the magnitude of their effects…

Statistics Theory · Mathematics 2011-07-14 Shan Luo , Zehua Chen

In multivariate extreme value statistics, the first step in understanding the dependence structure of extremes is identifying the directions in which they occur. The novelty of this paper is the analysis of high-dimensional extreme value…

Statistics Theory · Mathematics 2026-03-30 Lucas Butsch , Vicky Fasen-Hartmann

Information criteria such as Akaike's (AIC) and Bayes' (BIC) are widely used for model selection in physics and beyond, quantifying the tradeoff between model complexity and goodness-of-fit to enforce parsimony. However, their derivation…

Dynamical Systems · Mathematics 2025-11-20 Kumar Utkarsh , Daniel M. Abrams

We have recently proposed a new information-based approach to model selection, the Frequentist Information Criterion (FIC), that reconciles information-based and frequentist inference. The purpose of this current paper is to provide a…

Data Analysis, Statistics and Probability · Physics 2015-06-23 Paul A. Wiggins

Variable selection is essential for improving inference and interpretation in multivariate linear regression. Although a number of alternative regressor selection criteria have been suggested, the most prominent and widely used are the…

Statistics Theory · Mathematics 2020-01-07 Zhidong Bai , Yasunori Fujikoshi , Jiang Hu

For linear models with a diverging number of parameters, it has recently been shown that modified versions of Bayesian information criterion (BIC) can identify the true model consistently. However, in many cases there is little…

Methodology · Statistics 2011-07-26 Heng Lian

We test three common information criteria (IC) for selecting the order of a Hawkes process with an intensity kernel that can be expressed as a mixture of exponential terms. These processes find application in high-frequency financial data…

Statistical Finance · Quantitative Finance 2017-04-05 J. M. Chen , A. G. Hawkes , E. Scalas , M. Trinh
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