It started out w/ the Vizard (pronounced "V-eye-zerd") article published in PHR back in 2006 or 2007:
http://www.hotrod.com/how-to/engine/0607phr-camshaft-basics/His approach is to drive the LSA selection based on a variety of factors, but the primary two are (a) how much intake valve area there is to support the cubic inches being fed and (b) the acceptable amount of overlap based on the application.
Then he factors in LSA adjustments from his baseline results according to other characteristics, such as compression ratio and cylinder head design (valve angle / canting). More CR = wider LSA; better heads = wider LSA, etc.
He's since refined the details some over the years as can be seen in his latest series of books, but the concept hasn't changed. He used to (and may still?) offer a service to spec "optimal" camshaft specs for any given combination through the use of his proprietary camshaft design software. The linked article and what he's published since then in his books are supposedly based on the core logic of his software.
I have no first-hand knowledge of how effective his approach is, but can throw a few comments out as "food for thought".
1. I paid for his camshaft selection service many years ago for an old combination I was running and thought the suggested LSA was extremely narrow (102 or 104 IIRC, installed +4).
2. I plugged his specs into my Engine Analyzer Pro software vs. the cam I ended up using and found the Vizard-spec cam showed very good peak torque, but not much more than the actual cam I used, nor did it predict it would make power out to the necessary peak RPM I expected to run. The "real" cam was comparable duration, but on a 108 LSA installed +4.
3. The chart-based approach in his article did NOT give the same specs as the software, so IMO something got "lost in translation" trying to create his "Everyman's guide to cam selection" article.
Funny thing... go back through the Engine Master Challenge write-ups on some of the big-name engine builder's top-placing entries over the last five to ten years and look at the cam specs they listed. A LOT of them look as if they could have been products of the Vizard approach, w/ LSAs in the 100-104 range and advanced anywhere from 4 to 6 degrees on top of that.
However, since the EMC is RPM-constrained and uses that "best average" approach to scoring, something intended for a higher & narrower working RPM range would (should?) result in a different set of specs.