What is "handshock"? Everybody knows it in practise but how it is defined physically? Is it forward (in direction of the arrow) momentum of the bow, which can be felt? See this video:
https://www.youtube.com/watch?v=xGgWZYny9RMAs you can see, the bow is flying forward, in the direction of arrow (if there would be an arrow...). Try this and every bow is flying forward.
Is the root cause momentum of the kinetic energy of bow after arrow has leaved the bow? Momentum is vector quantity and it has direction. A bow has some kinetic energy (bows potential energy minus arrow's kinetic energy minus hysteresis minus other losses), and momentum, which has direction. So, it would be possible to measure the real handshock with some kind of force sensor, which is put in front of the bow.
Regarding Steve's experience that more elliptical bow has less handshock is valid, because there is less mass (of the bow) which is moving forward. Very elliptical tillered bow has only tiny tips, which are moving forward -> less forward moving mass, i.e. momentum to direction of the arrow.
Note, that tiller difference or limb imbalance has quite minor effect - the bow is staying upright, neither of the limbs are not leaning forward or backward. The bow is flying straight forward.
Easy way to see objectively, how much a certain bow has handshock: Shoot it with open grip and see how far the bow flies...