Aplicación del modelo Black- Sholes-Merton en el estudio del comportamiento errático de los incrementos de caudales máximos (río Fonce, Santander)

This work is the result of the Scientific Research Project of New Granada Military University ING1544 of 2014, which was developed together with the University of Pamplona (Norte de Santander). This paper shows the application of the Black-Sholes-Merton (BSM) financial model transferred to the hydro...