James Snapp Jr. introduced me to the term “equitable eclecticism”, and I liked the phrase so much I made it the subtitle for my blog. When I use the phrase I mean it in a looser way that applies to everything generically, but in the most technical sense it refers to a method of biblical textual criticism. You can read more about equitable eclecticism in the links below, but basically I consider it to be the most balanced take on textual criticism, taking into account both the extrinsic history of transmission and the intrinsic quality of textual variants. Most of the time the results end up looking pretty similar to the Byzantine/Majority approach, and for that reason it’s sometimes conflated with the Byzantine/Majority approach, but the main difference is that equitable eclecticism more self-consciously makes room for occasional strong variants in minority texts (e.g., sometimes a Textus Receptus variant or an Alexandrian variant will beat a Byzantine variant).
James Snapp on Equitable Eclecticism, Part 1
James Snapp on Equitable Eclecticism, Part 2
(In case the links above ever break, you can also find the same essay by searching for James Snapp’s “Equitable Eclecticism” on www.academia.edu)