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Approximations and consistency of Bayes factors as model dimension grows

Publication ,  Journal Article
Berger, JO; Ghosh, JK; Mukhopadhyay, N
Published in: Journal of Statistical Planning and Inference
March 1, 2003

Stone (J. Roy. Statist. Soc. Ser. B 41 (1979) 276) showed that BIC can fail to be asymptotically consistent. Note, however, that BIC was developed as an asymptotic approximation to Bayes factors between models, and that the approximation is valid only under certain conditions. The counterexample of Stone arises in situations in which BIC is not an adequate approximation. We develop some new approximations to Bayes factors, that are valid for the situation considered in Stone (1979) and discuss related issues of consistency. © 2002 Elsevier Science B.V. All rights reserved.

Duke Scholars

Published In

Journal of Statistical Planning and Inference

DOI

ISSN

0378-3758

Publication Date

March 1, 2003

Volume

112

Issue

1-2

Start / End Page

241 / 258

Related Subject Headings

  • Statistics & Probability
  • 4905 Statistics
  • 0104 Statistics
 

Citation

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Berger, J. O., Ghosh, J. K., & Mukhopadhyay, N. (2003). Approximations and consistency of Bayes factors as model dimension grows. Journal of Statistical Planning and Inference, 112(1–2), 241–258. https://doi.org/10.1016/S0378-3758(02)00336-1
Berger, J. O., J. K. Ghosh, and N. Mukhopadhyay. “Approximations and consistency of Bayes factors as model dimension grows.” Journal of Statistical Planning and Inference 112, no. 1–2 (March 1, 2003): 241–58. https://doi.org/10.1016/S0378-3758(02)00336-1.
Berger JO, Ghosh JK, Mukhopadhyay N. Approximations and consistency of Bayes factors as model dimension grows. Journal of Statistical Planning and Inference. 2003 Mar 1;112(1–2):241–58.
Berger, J. O., et al. “Approximations and consistency of Bayes factors as model dimension grows.” Journal of Statistical Planning and Inference, vol. 112, no. 1–2, Mar. 2003, pp. 241–58. Scopus, doi:10.1016/S0378-3758(02)00336-1.
Berger JO, Ghosh JK, Mukhopadhyay N. Approximations and consistency of Bayes factors as model dimension grows. Journal of Statistical Planning and Inference. 2003 Mar 1;112(1–2):241–258.
Journal cover image

Published In

Journal of Statistical Planning and Inference

DOI

ISSN

0378-3758

Publication Date

March 1, 2003

Volume

112

Issue

1-2

Start / End Page

241 / 258

Related Subject Headings

  • Statistics & Probability
  • 4905 Statistics
  • 0104 Statistics