Weather risk management by companies such as Delphi Weather Analytics. The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events. By making a payment (a "premium") to a separate company that will assume the financial weather risk for them, an organization essentially is buying a type of insurance - the company assuming the risk will pay the buyer a pre-set amount of money which will
Dirichlet boundary condition and are given numbers. For a partial differential equation, for example, where denotes the Laplace operator, the Dirichlet boundary conditions on a domain take the form where is a known function defined on the boundary . For example, the following would be considered Dirichlet boundary conditions: Many other boundary conditions are possible, including the Cauchy boundary condition and the mixed boundary condition. The latter is a combination of the Dirichlet and Neumann conditions. Dirichlet boundary condition In mathematics, the Dirichlet (or first-type) boundary condition is a type of boundary condition, named after Peter Gustav Lejeune Dirichlet (1805–1859). When imposed on