A shear reduction device is used to provide a larger diameter when a moving rope is routed over an acute change of direction, typically on a "ropes course". The typical application is the top anchor in a top-rope rock climbing belay. Typically in sport usage, climbers will use a carabiner or doubled carabiners. The hypothesis behind this type of device is that it prolongs rope life by increasing the diameter of that inflection point.
I believe that in a ropes course, the "climber" is moving over and across many obstacles, and this shear reduction device follows them on a cable-mounted trolley, ensuring that they are always belayed from above.
Why not just use a pulley? Presumably because you want the additional friction to assist with your belay.
Singing Rock makes a device called the Red Block, and their instructions (with diagram of ropes course top-rope rigging) are online:
http://www.singingrock.com/data/downloa ... 016_04.pdfCMI also makes a slightly less confusing version which appears to be a pulley that allows you to lock its sheave in place:
https://www.cmi-gear.com/collections/fr ... ducts/shrbIn their defense, these products are categorized on the CMI website under the "Trolleys / Ropes Courses" category. Not designed for caving!