This paper investigates the American option price in a two-state regime-switching model. The dynamics of underlying are driven by a Markov-modulated Geometric Wiener process. That means the interest rate, the appreciation rate, and the volatility of underlying rely on hidden states of the...

This paper investigates the American option price in a two-state regime-switching model. The dynamics of underlying are driven by a Markov-modulated Geometric Wiener process. That means the interest rate, the appreciation rate, and the volatility of underlying rely on hidden states of the...

It is important to have an accurate understanding of heat transfer process of water flowing through fractures for geothermal energy extraction and utilization. We designed an experiment to study the convective heat transfer characteristics of distilled water pumped through manmade smooth and...

Recently, the cooling process for electronics components has attracted many researchers and several techniques for improving the cooling efficiency and heat transfer rate have been demonstrated. One of the best efficient techniques is the introduction of a synthetic jet and the modification of...

During the past few years, the plant nursery sector has drastically minimized its carbon footprint by using geothermal systems for heating rather than fossil fuel. This study aims to define the temperature range inside a greenhouse by means of a multiparametric analysis, with regard to several...

It is important to have an accurate understanding of heat transfer process of water flowing through fractures for geothermal energy extraction and utilization. We designed an experiment to study the convective heat transfer characteristics of distilled water pumped through manmade smooth and...

H-type finned tube heat exchanger elements maintain a high capacity for heat transfer, possess superior self-cleaning properties and retain the ability to effect flue gas waste heat recovery in boiler renovations. In this paper, the heat transfer and pressure drop characteristics of H-type...

The behaviors of the slag layers formed by the deposition of molten ash onto the wall are important for the operation of entrained coal gasifiers. In this study, the effects of design/operation parameters and slag properties on the slag behaviors were assessed in a commercial coal gasifier using...

This paper presents an analysis of the energy exchange resulting from a 2D steady magnetohydrodynamics (MHD) flow past a permeable surface with partial slip in the presence of the viscous dissipation effect under convective heating boundary conditions. A magnetic field can effectively control...

This paper investigates the optimization of the performance of a solar powered Stirling engine based on finite-time thermodynamics. Heat transference in the heat exchangers between a concentrating solar collector and the Stirling engine is studied. The irreversibility of a Stirling engine is...