Abstract
Suspensions of magnetic nanoparticles, commonly called ferrofluids, exhibit a broad variety of viscous effects induced by the action of magnetic fields. The related phenomena are in focus of research since about 30 years and have recently reached new dynamics due to the discovery of viscoelastic effects induced by magnetic fields. Here, effects due to the influence of magnetic fields on the rotation of single magnetic nanoparticles as well as cooperative phenomena and their importance for viscous effects in ferrofluids will be reviewed.
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