Abstract: In this paper, using a stylized mathematical simulation model, the participation of farmers in spot and options markets is analyzed in a two-period setting. Farmers assess the benefits from entering one of the two markets ...

Abstract: In this paper, a mathematical model of optimal management of prolonged and consecutive drought events is developed to evaluate circumstances under which the adoption of a water-efficient technology may offer long-term ...

Abstract: This paper designs a stylized model representing farming in water-scarce regions of South India to address the problem of managing depleting groundwater assets facing the threat of irreversible loss. Circumstances under ...

Abstract: The topology and geometry of microstructures play a crucial role in determining their heat transfer performance in passive cooling devices such as heat pipes. It is therefore important to ...