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...