In the developed triple-pressure-level (TPL) single stage absorption cycle, a specially designed jet ejector was introduced at the absorber inlet. The device served two major functions: it facilitated pressure recovery and improved the mixing between the weak solution and the refrigerant vapour...

We present a model for pricing and hedging derivative securities and option portfolios in an environment where the volatility is not known precisely, but is assumed instead to lie between two extreme values σminand σmax. These bounds could be inferred from extreme values of the implied...

The performance of an advanced triple-pressure level (TPL) single-stage absorption cycle with refrigerant R125 and various organic absorbents were studied. In the developed TPL cycle, a jet ejector of a special design is added at the absorber inlet. The device serves two major functions: it...

An experimental study of flow boiling of binary organic solution was conducted in a horizontal tube. An organic mixture of miscible fluids, chlorodifluoromethane (R22)–dimethylacetamide (DMAC) was circulated through the experimental system. The influence of the heat source, flow rate,...

This paper analyzes the issue of per capita income convergence and world level of intercountry income inequality within a geographical context.