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Published online by Cambridge University Press: 19 July 2016
Many compact galactic and extra-galactic sources have a luminosity in the slim accretion disk regime, i.e. L/LE ∼ 1, where LE is the Eddington luminosity. The correspondingly large accretion rates diminish the relevance of variability interpretations based on the thin disk model. This paper explores the possible connection between variability in AGN and local instabilities in slim disks, and points out some relevant areas of future research.