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...

The closed greenhouse is an innovative concept in sustainable energy management. In principle, it is designed to maximize the utilization of solar energy through the seasonal storage. In a fully closed greenhouse, there is not any ventilation window. Therefore, the excess sensible and latent...

The Taylor vortex flow in the plain model with a constant temperature gradient effect was studied by experimental measurement, and the preliminary features of Taylor vortex flow affected by heat transfer process were obtained. This flow field in the plain model was also studied by numerical...

Planted roofs are passive cooling techniques that reduce the thermal load of buildings. In this paper, the authors have developed a model for evaluating the cooling potential of green roofs. Transfer equations are solved using a finite difference scheme and Thomas algorithm. The study was...

A detailed analysis and simulation of heat transfer of an evacuated tube for a solar-powered adsorption refrigerator, including inhomogeneous radiation heat transfer between its inner and outer tubes, two adjacent tubes in the group, the tube and back plate, sunlight reflection on back plate,...

The role of advanced isothermal heat storage systems in buildings is discussed. A storage system encapsulated with phase change materials in which energy is absorbed in the hot period and released in the cold period is analyzed. The thermal behaviour of isothermal heat storage composites is...