The analogy of K-correction in the topic of gamma-ray bursts

It is well-known that there are two types of gamma-ray bursts (GRBs): short/hard and long/soft ones, respectively. The long GRBs are coupled to supernovae, but the short ones are associated with the so called macronovae (also known as kilonovae), which can serve as the sources of gravitational waves as well. The kilonovae can arise from the merging of two neutron-stars. The neutron stars can be substituded by more massive black holes as well. Hence, the topic of gamma-ray bursts (mainly the topic of short ones) and the topic of massive binaries, are strongly connected.