The ultimate proofs that black holes exist have been obtained very recently thanks to the detection of gravitational waves from their coalescence and due to material orbiting at a distance of some gravitational radii imaged by optical interferometry or X-ray reverberation mapping. This book provides three comprehensive and up-to-date reviews covering the gravitational wave breakthrough, our understanding of accretion and feedback in supermassive black holes and the relevance of black holes for the Universe since the Big Bang. Neil J. Cornish presents gravitational wave emission from black hole mergers and the physics of detection. Andrew King reviews the physics of accretion on to supermassive black holes and their feedback on host galaxies. Tiziana Di Matteo addresses our understanding of black hole formation at cosmic dawn, the emergence of the first quasars, black hole merging and structure formation. The topics covered by the 48th Saas-Fee Course provide a broad overview of the importance of black holes in modern astrophysics.

The observation, in 1919 by A.S. Eddington and collaborators, of the gra- tational de?ection of light by the Sun proved one of the many predictions of Einstein's Theory of General Relativity: The Sun was the ?rst example of a gravitational lens. In 1936, Albert Einstein published an article in which he suggested - ing stars as gravitational lenses. A year later, Fritz Zwicky pointed out that galaxies would act as lenses much more likely than stars, and also gave a list of possible applications, as a means to determine the dark matter content of galaxies and clusters of galaxies. It was only in 1979 that the ?rst example of an extragalactic gravitational lens was provided by the observation of the distant quasar QSO 0957+0561, by D. Walsh, R.F. Carswell, and R.J. Weymann. A few years later, the ?rst lens showing images in the form of arcs was detected. The theory, observations, and applications of gravitational lensing cons- tute one of the most rapidly growing branches of astrophysics. The gravi- tional de?ection of light generated by mass concentrations along a light path producesmagni?cation,multiplicity,anddistortionofimages,anddelaysp- ton propagation from one line of sight relative to another. The huge amount of scienti?c work produced over the last decade on gravitational lensing has clearly revealed its already substantial and wide impact, and its potential for future astrophysical applications.

The observation, in 1919 by A.S. Eddington and collaborators, of the gra- tational de?ection of light by the Sun proved one of the many predictions of Einstein's Theory of General Relativity: The Sun was the ?rst example of a gravitational lens. In 1936, Albert Einstein published an article in which he suggested - ing stars as gravitational lenses. A year later, Fritz Zwicky pointed out that galaxies would act as lenses much more likely than stars, and also gave a list of possible applications, as a means to determine the dark matter content of galaxies and clusters of galaxies. It was only in 1979 that the ?rst example of an extragalactic gravitational lens was provided by the observation of the distant quasar QSO 0957+0561, by D. Walsh, R.F. Carswell, and R.J. Weymann. A few years later, the ?rst lens showing images in the form of arcs was detected. The theory, observations, and applications of gravitational lensing cons- tute one of the most rapidly growing branches of astrophysics. The gravi- tional de?ection of light generated by mass concentrations along a light path producesmagni?cation,multiplicity,anddistortionofimages,anddelaysp- ton propagation from one line of sight relative to another. The huge amount of scienti?c work produced over the last decade on gravitational lensing has clearly revealed its already substantial and wide impact, and its potential for future astrophysical applications.

The ultimate proofs that black holes exist have been obtained very recently thanks to the detection of gravitational waves from their coalescence and due to material orbiting at a distance of some gravitational radii imaged by optical interferometry or X-ray reverberation mapping. This book provides three comprehensive and up-to-date reviews covering the gravitational wave breakthrough, our understanding of accretion and feedback in supermassive black holes and the relevance of black holes for the Universe since the Big Bang. Neil J. Cornish presents gravitational wave emission from black hole mergers and the physics of detection. Andrew King reviews the physics of accretion on to supermassive black holes and their feedback on host galaxies. Tiziana Di Matteo addresses our understanding of black hole formation at cosmic dawn, the emergence of the first quasars, black hole merging and structure formation. The topics covered by the 48th Saas-Fee Course provide a broad overview of the importance of black holes in modern astrophysics.