The book reviews the present status of understanding the nature of the most luminous objects in the Universe, connected with supermassive black holes and supermassive stars, clusters of galaxies and ultraluminous galaxies, sources of gamma-ray bursts and relativistic jets. Leading experts give overviews of essential physical mechanisms involved, discuss formation and evolution of these objects as well as prospects for their use in cosmology, as probes of the intergalactic medium at high redshifts and as a tool to study the end of dark ages. The theoretical models are complemented by new exciting results from orbital and ground-based observatories such as Chandra, XMM-Newton, HST, SDSS, VLT, Keck, and many others.

Provides a comprehensive summary on the physical models and current theory of black hole accretion, growth and mergers, in both the supermassive and stellar-mass cases. This title reviews in-depth research on accretion on all scales, from galactic binaries to intermediate mass and supermassive black holes. Possible future directions of accretion are also discussed. The following main themes are covered: a historical perspective; physical models of accretion onto black holes of all masses; black hole fundamental parameters; and accretion, jets and outflows. An overview and outlook on the topic is also presented. This volume summarizes the status of the study of astrophysical black hole research and is aimed at astrophysicists and graduate students working in this field. Originally published in Space Science Reviews, Vol 183/1-4, 2014.