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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

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 the problem of selecting variables in a multivariate linear regression model, we derive new Bayesian information criteria based on a prior mixing a smooth distribution and a delta distribution. Each of them can be interpreted as a fusion…

Statistics Theory · Mathematics 2022-09-29 Haruki Kono , Tatsuya Kubokawa

Model selection is the problem of distinguishing competing models, perhaps featuring different numbers of parameters. The statistics literature contains two distinct sets of tools, those based on information theory such as the Akaike…

Astrophysics · Physics 2014-10-13 Andrew R Liddle

In model selection literature, two classes of criteria perform well asymptotically in different situations: Bayesian information criterion (BIC) (as a representative) is consistent in selection when the true model is finite dimensional…

Statistics Theory · Mathematics 2012-02-03 Wei Liu , Yuhong Yang

Model selection is a pivotal process in the quantitative sciences, where researchers must navigate between numerous candidate models of varying complexity. Traditional information criteria, such as the corrected Akaike Information Criterion…

Quantitative Methods · Quantitative Biology 2025-12-16 Jakob Vanhoefer , Antonia Körner , Domagoj Doresic , Jan Hasenauer , Dilan Pathirana

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

Information of interest can often only be extracted from data by model fitting. When the functional form of such a model can not be deduced from first principles, one has to make a choice between different possible models. A common approach…

Methodology · Statistics 2022-06-22 Jens Thomas , Mathias Lipka

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

Akaike's information criterion (AIC) is a measure of the quality of a statistical model for a given set of data. We can determine the best statistical model for a particular data set by the minimization of the AIC. Since we need to evaluate…

Optimization and Control · Mathematics 2019-11-21 Keiji Kimura , Hayato Waki

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

Data-driven model discovery (DDMD) algorithms are powerful tools for extracting interpretable symbolic models from data. However, identifying the model that best balances goodness-of-fit and sparsity is often a laborious process requiring…

Quantitative Methods · Quantitative Biology 2026-02-26 Michael C Chung , Alen Zacharia , Juan Guan

Linear mixed effects models are highly flexible in handling a broad range of data types and are therefore widely used in applications. A key part in the analysis of data is model selection, which often aims to choose a parsimonious model…

Methodology · Statistics 2013-06-12 Samuel Müller , J. L. Scealy , A. H. Welsh

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

For many scientific questions, understanding the underlying mechanism is the goal. To help investigators better understand the underlying mechanism, variable selection is a crucial step that permits the identification of the most associated…

Methodology · Statistics 2025-10-06 Shuangshuang Xu , Marco A. R. Ferreira , Allison N. Tegge

Model selection is of fundamental importance to high dimensional modeling featured in many contemporary applications. Classical principles of model selection include the Kullback-Leibler divergence principle and the Bayesian principle,…

Statistics Theory · Mathematics 2016-05-12 Jinchi Lv , Jun S. Liu

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

Hybrid systems are traditionally difficult to identify and analyze using classical dynamical systems theory. Moreover, recently developed model identification methodologies largely focus on identifying a single set of governing equations…

Dynamical Systems · Mathematics 2019-06-19 Niall M Mangan , Travis Askham , Steven L Brunton , J Nathan Kutz , Joshua L Proctor

Model-based component-wise gradient boosting is a popular tool for data-driven variable selection. In order to improve its prediction and selection qualities even further, several modifications of the original algorithm have been developed,…

Methodology · Statistics 2023-02-28 Sophie Potts , Elisabeth Bergherr , Constantin Reinke , Colin Griesbach

The information criterion for determining the number of explanatory variables in a subset regression modeling is discussed. Information criterion such as AIC is effective and frequently used in model selection for ordinary regression models…

Methodology · Statistics 2023-09-18 Genshiro Kitagawa
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