In this paper, two analytic solutions for the valuation of European-style Parisian and Parasian options under the Black–Scholes framework are, respectively, presented. A key feature of our solution procedure is the reduction of a three-dimensional problem to a two-dimensional problem through a...

Solid sensible heat storage is an attractive option for high-temperature storage applications in terms of investment and maintenance costs. Typical solid thermal energy storage systems use a heat transfer fluid to exchange heat as the fluid flows through a tubular heat exchanger embedded in the...

Ground source heat pump systems are an energy efficient heating and cooling technology for residential and commercial buildings. The main barrier to adoption is the higher investment cost compared to conventional systems. Where available land area permits, horizontal ground heat exchangers are...

This paper establishes the performance characteristics of convective–radiative longitudinal fins of rectangular, trapezoidal and concave parabolic profiles with simultaneous variation of thermal conductivity, heat transfer coefficient and surface emissivity with temperature. The convection and...

The purpose of this work is to present analytical solution for linearized Boussinesq equation in triangular-shaped aquifers in response to transient recharge from an overlaying basin. Four different configurations of hydrogeological boundary conditions (constant-head and no-flow) are considered....

An analytical solution of the linearized Boussinesq equation is developed to predict the formation of a ground-water mound in an aquifer system in response to localized time-varying recharge. The recharge is applied from a centrally located circular basin. The solution is obtained using an...

An analytical solution is developed to predict spatio-temporal variation of the water table in a 2-D aquifer system which is receiving transient recharge from an overlying basin of rectangular shape. The transient recharge function is approximated by a number of line segments. Application of the...

An analytical solution for two-dimensional water table variation in an aquifer basin with inclined impermeable base has been proposed incorporating the effect of depth-dependent evapotranspiration (ET) from land surface. The proposed analytical solution has been obtained by devising a sound...

Recharging and pumping are the integral part of any scheme of ground water resources development and both processes significantly affect the dynamic behavior of the aquifer system. Leakage from the aquifer’s base, if present, is other process which affects the water table variation. Therefore,...

Urban encroachment in natural floodplain areas and infrastructures interfering with watercourses have caused higher flood risks in lowland areas. In this context, detention basins have become a fundamental instrument for stormwater and environmental management at watershed scale. Numerical...