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With the advent of space observatories and modern developments in ground- based astronomy and concurrent progress in the theoretical understanding of these observations it has become clear that accretion of material on to compact objects is an ubiquitous mechanism powering very diverse astrophysical sources ranging in size and luminosity by many orders of magnitude. A problem common to these systems is that the material accreted must in general get rid of its angular momentum and this leads to the formation of an Accretion Disk which allows angular momentum re-distribution and converts...

This newly expanded and thoroughly updated third edition examines accretion as a source of energy in both binary star systems containing compact objects, and in active galactic nuclei. Assuming a basic knowledge of physics, the authors describe the physical processes at work in accretion discs and other accretion flows. New material includes a detailed treatment of disc instabilities, irradiated discs, disc warping, and general accretion flows. The treatment is suitable for advanced undergraduates, graduate students and researchers.