Abstract We show that the VIX Index structurally underestimates model-free implied volatility because its implementation omits extrapolation of smile in tails. use asymptotic behavior surface to construct a correction term is model-independent and only requires option prices at two outermost strikes. how apply this ex-post as well modify accordingly. Furthermore, we degree underestimation varie...

Water tunnel experiments have been performed to examine how large scale, high intensity freestream turbulence affects heat transfer through a laminar flat plate boundary layer. Time-Resolved Digital Particle Image Velocimetry (TRDPIV) was used to examine the flow field along with timeresolved heat transfer from the wall. The surface heat flux was measured with a newly developed thin-film sensor...

in this paper, overall heat transfer coefficient and friction factor of water based γ-al2o3 nanofluid in a double tube counter flow heat exchanger have been measured experimentally under turbulent flow condition. for better dispersion of γ-al2o3 nanoparticles in distilled water, magnetic stirrer and ultrasonic vibrator (with a power of 240 kw and frequency of 35 khz) were implemented. the stabi...

in this paper the numerical analysis of flow and time dependent heat transfer of micro-tube conveying nanofluid in laminar flow is investigated. in this study, convection heat transfer of nanofluid and base fluid and transient analysis for time-varying heat flux for time step of 0.0001 second are elucidated. it is observed that the pumping power of nanofluid flowing and the maximum temperature ...

In a cylindrical scraped heat exchanger crystallizer geometry the flow field influence on the local heat transfer distribution on an evenly cooled scraped heat exchanger surface has been studied by direct measurements of the heat exchanger surface temperature and the fluid velocity field inside the crystallizer. Liquid Crystal Thermometry revealed that the local heat transfer is higher in the m...

The amine regenerator of acid removal unit in South Pars Gas Complex, Assalouyeh, Iran was modeled. This model was fitted to assess the large scale columns and allow application of solar thermal energy for production of low pressure steam. Heat transfer fluids including Therminol oil, sulfur, or salt melt could be applied to yield thermal energy from a solar collector and to store and transfer ...

the effect of γ-al2o3 nanoparticles on heat transfer rate, baffle spacing and pressure drop in the shell side of small shell and tube heat exchangers was investigated numerically under turbulent regime. γ-al2o3-water nanofluids and pure water were used in the shell side and the tube side of heat exchangers, respectively. since the properties of γ-al2o3-water nanofluids were variable, they were ...

The Hydrodynamics of Superfluid Turbulence (HST) describes the flows (or counterflows) of HeII in the presence of a chaotic set of vortex filaments, so called superfluid turbulence. The HST equations govern both a slow variation of the hydrodynamic variables due to dissipation related to the vortex tangle and fast processes of the first and second sound propagation. This circumstance prevents a...

The effects of compressor speed variation on the heat transfer inside a speed controlled compressor were investigated in this study. Based on the lumped capacitance ntethod, the temperatures of the compressor components, the oil, and the refrigerant gas within the shell were modeled and simulated on a relative scale. A diffenmt heat transfer coefficient correlation was developed to evaluate the...