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We review a recently developed micellization theory, which is based on afree-energy approach and offers several advantages over the conventional one,based on mass action and rate equations. As all the results are derived from asingle free-energy expression, one can adapt the theory to different scenariosby merely modifying the initial expression. We present results concerningvarious features of micellization out of equilibrium, such as the existence ofmetastable aggregates (premicelles), micellar nucleation and growth, transientaggregates, and final relaxation toward equilibrium. Several predictions thatawait experimental investigation are discussed.

Free energy approach to micellization and aggregation: Equilibrium, metastability, and kinetics