The book contains research results obtained by applying Bejan's Constructal Theory to the study and therefore the optimization of fins, focusing on T-shaped and Y-shaped ones. Heat transfer from finned surfaces is an example of combined heat transfer natural or forced convection on the external parts of the fin, and conducting along the fin. Fin's heat exchange is rather complex, because of variation of both temperature along the fin and convective heat transfer coefficient. Furthermore possible presence of more fins invested by the same fluid flow has to be considered. Classical fin...

This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a...

This open access book introduces the modern tontine and its applications in retirement and decumulation. Personal financial management in the later stages of life presents unique challenges, and renowned retirement planning expert Dr. Milevsky proposes the modern tontine as a solution. With the goal of guiding professionals and retirees in more efficient decumulation, the book demonstrates how to build a modern tontine. It is technically oriented, employing a cookbook format, featuring R code, and examining retirement planning through a statistical lens. This how-to guide, which is a...