Theoretical Aspects of Gamma-Ray Bursts
  Cosmological GRBs are discussed with an emphasis on their plausible connection with black holes. GRBs can be triggered by collapse of stellar-mass objects that leads to formation of a black hole and a transient debris disk with a huge accretion rate. The disk is believed to produce a relativistic jet (``fireball'') that expands and emits to infinity the observed burst of gamma-rays. This accretion-jet picture is similar to quasars and X-ray binaries, however, there are important differences: the physical conditions and the cooling mechanism in the disk are very different. The observed radiation is emitted when the expanding fireball becomes transparent, at distances much larger than the Schwarzschild radius. The burst is then observed as a powerful relativistic explosion and the transient accretion disk in its center serves as a brief source of energy that drives the explosion. The explosion picture depends on the fireball nuclear composition which is shaped close to the black hole. A large amount of free neutrons survive till the emission phase and link the physics of the central engine to observed radiation. 
Andrei M. Beloborodov (Columbia University)