We compare sparse and dense representations of predictive models in macroeconomics, microeconomics, and finance. To deal with a large number of possible predictors, we specify a prior that allows for both variable selection and shrinkage. The posterior distribution does not typically concentrate...

Requirements for embedded systems are mainly documented using natural language. This is due to the fact that natural language does not require special nomenclature knowledge and is accepted as the basis for contractual agreements. However, purely natural-language-based requirements engineering...