Photon bubbles in accretion discs

We show that radiation-dominated accretion discs are likely to suffer from a 'photon bubble' instability similar to that described by Arons in the context of accretion on to neutron star polar caps. The instability requires a magnetic field for its existence. In an asymptotic regime appropriate to accretion discs, we find that the overstable modes obey the remarkably simple dispersion relation omega(2)= -igkF(B, k). Here g is the vertical gravitational acceleration, B is the magnetic field, and F is a geometric factor of order unity that depends on the relative orientation of the magnetic field and the wavevector. In the non-linear outcome it seems likely that the instability will enhance vertical energy transport and thereby change the structure of the innermost parts of relativistic accretion discs.