On Universality in Black Hole Thermodynamics

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The low energy decay rates of four- and five dimensional dyonic black holes in string theory are equivalently described in terms of an effective near horizon AdS_3 (BTZ) black hole. It is then argued that AdS_3 gravity provides an universal microscopic description of the low energy dynamics these black holes.
Talk given at PASCOS98, LaTex, 4 pages

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