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Cavity Polaritons License:perpetual and a wide variety ofVolume 32 of the series addresses one of the most rapidly developing research fields in physics: microcavities. Microcavities form a base for fabrication of opto electronic devices of XXI century, in particular polariton lasers based on a new physical principle with respect to conventional lasers proposed by Einstein in 1917. This book overviews a theory of all major phenomena linked microcavities and exciton polaritons and is oriented to the reader