“…When it comes to practice, shrinkage techniques are also considered as a major part of regularization methods, with applications in many statistics related fields such as regression, times series, machine learning, multivariate inference and optimization methods: Tibshirani (1996), Irfan et al (2013), Van Erp et al (2019), Similä & Tikka (2007), Gruber (2017), Steyerberg et al (2001), Ahmed & Nicol (2012), Ahmed (1997), QIAN & Su (2016), Saetrom & Omre (2011), Thompson (1968), Sundberg (2006), van Houwelingen & Sauerbrei (2013), Ahmed (2014), Polson & Scott (2012), Zareamoghaddam et al (2020), Yüzbaşı et al (2020), Agarwal (2002), Lian (2013), Zheng et al (2014), Roozbeh & Arashi (2016), Xiong & Joseph (2013), Tutz & Leitenstorfer (2006), Griffin et al (2017), Korobilis (2013), Korobilis (2013), Jiang & Owen (2003), Zou & Hastie (2003), Efron (1992), Fan et al (1991).…”