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In this text the authors develop quantum dynamics of open systems for a wide class of irreversible processes starting from the concept of completely positive semigroups. This unified approach makes the material easily accessible to non-specialists and provides an easy access to practical applications. Written for graduate students, the book presents a wealth of useful examples; in particular, models of unstable and N-level systems are treated systematically and in considerable detail including new types of generated Bloch-equations. The general theory is extensively summarized from abstract...