“…Interestingly, the projection of
on to span
, that is,
, where
is fixed to minimize
, provides a natural mechanism of regularization by the second‐order structure of the variable. This regularization procedure combined with an additional roughness penalty based on the
‐order derivative on
yields to a bi‐smoothed approximation to whitening (Vidal et al,
2021), which in turn can enhance posterior analyses of low‐dimensional structures in high‐dimensional settings. Other concomitant methods to solve ill‐posed problems for functional data are reported in Kraus and Stefanucci (
2019).…”