We show that the black hole laser effect discovered by Corley & Jacobson
should be described in terms of frequency eigenmodes that are spatially bound.
The spectrum contains a discrete and finite set of complex frequency modes
which appear in pairs and which encode the laser effect. In addition, it
contains real frequency modes that form a continuous set when space is
infinite, and which are only elastically scattered, i.e., not subject to any
Bogoliubov transformation. The quantization is straightforward, but the
calculation of the asymptotic fluxes is rather involved. When the number of
complex frequency modes is small, our expressions differ from those given
earlier. In particular, when the region between the horizons shrinks, there is
a minimal distance under which no complex frequency mode exists, and no
radiation is emitted. Finally, we relate this effect to other dynamical
instabilities found for rotating black holes and in electric fields, and we
give the conditions to get this type of instability.Comment: 19 pages, 3 figures, main changes: new figure and new Sec.6
`conditions for having a laser effect', final version accepted in PR