Exponential analysis in physical phenomena

Many physical phenomena are described by first-order differential equations whose solution is an exponential decay. Determining the time constants and amplitudes of exponential decays from the experimental data is a common task in semiconductor physics (deep level transient spectroscopy), biophysics (fluorescence decay analysis), nuclear physics and chemistry (radioactive decays, nuclear magnetic resonance), chemistry and electrochemistry (reaction kinetics) and medical imaging. This review article discusses the fundamental mathematical limitations of exponential analysis, outlines the critical aspects of acquisition of exponential transients for subsequent analysis, and gives a comprehensive overview of numerical algorithms used in exponential analysis. In the first part of the article the resolution of exponential analysis as a function of noise in input decays is discussed. It is shown that two exponential decays can be resolved in a transient only if the ratio of their time constants is greater than t...