Transient Events from Neutron Star Mergers
  Mergers of neutron stars (NS+NS) or neutron stars and stellar mass black holes (NS+BS) eject a small fraction of matter with a sub-relativistic velocity. Upon rapid decompression nuclear density medium condenses into neutron rich nuclei, most of them radioactive. Radioactivity provides a long term heat source for the expanding envelope. A brief transient has the peak luminosity in the supernova range, and the bulk of radiation in the UV -- Optical domain. We present a very crude model of the phenomenon, and simple analytical formulae which may be used to estimate the parameters of a transient as a function of poorly known input parameters.   The mergers may be detected with high redshift supernova searches as rapid transients, many of them far away from the parent galaxies. It is possible that the mysterious optical transients detected by Schmidt et al. (1998) are related to neutron star mergers as they typically have no visible host galaxy. 
Li-Xin Li and Bohdan Paczy\'nski