The Theoretical status of bar{B}-B-mixing and lifetimes of heavy hadrons

In this talk we review the theoretical status of the lifetime ratios of heavy hadrons and of the B-mixing quantities $\Delta M_s$, $\Delta \Gamma_s$ and $\phi_s$. While $\Delta M_s$ and $\Delta \Gamma_s$ suffer from large uncertainties due to the badly known decay constants, the ratio $\Delta \Gamma_s / \Delta M_s$ can be determined with almost no non-perturbative uncertainties, therefore it can be used to look for possible new physics effects.