Testing Order Constraints: Qualitative Differences Between Bayes Factors   and Normalized Maximum Likelihood
  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. 
Daniel W. Heck, Eric-Jan Wagenmakers, Richard D. Morey
stat.ME stat.OT