Many experimentally and theoretically based models have been proposed to predict, quantitatively evaluate, and combat the fading phenomenon in mobile communication systems. However, to the best of the authors' knowledge, up to now there is no objective method to determine which is the most suitable distribution to model the fading phenomenon based on experimental data. In this work, the Minimum Description Length (MDL) criterion for model selection is proposed for that purpose. Furthermore, the MDL analysis is performed for some of the most widely used fading models based on measurements taken in a sub-urban environment.