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The information about the orbit can be used to predict how much energy (and angular momentum) would be radiated in the form of gravitational waves. As the binary system loses energy, the stars gradually draw closer to each other, and the orbital period decreases. The resulting trajectory of each star is an inspiral, a spiral with decreasing radius. General relativity precisely describes these trajectories; in particular, the energy radiated in gravitational waves determines the rate of decrease in the period, defined as the time interval between successive periastrons (points of closest approach of the two stars). For the Hulse-Taylor pulsar, the predicted current change in radius is about 3 mm per orbit, and the change in the 7.75 hr period is about 2 seconds per year. Following a preliminary observation showing an orbital energy loss consistent with gravitational waves, careful timing observations by Taylor and Joel Weisberg dramatically confirmed the predicted period decrease to within 10%. With the improved statistics of more than 30 years of timing data since the pulsar's discovery, the observed change in the orbital period currently matches the prediction from gravitational radiation assumed by general relativity to within 0.2 percent. In 1993, spurred in part by the this indirect detection of gravitational waves, the Nobel Committee awarded the Nobel Prize in Physics to Hulse and Taylor for "the discovery of a new type of pulsar, a discovery that has opened up new possibilities for the study of gravitation." The lifetime of this binary system, from the present to merger is estimated to be a few hundred million years.

Taylor, J.H.; Fowler, L.A.; McCulloch, P.M. Overall measurements of relativistic effects in the binary pulsar PSR 1913 + 16. Nature 1979, 277, 437–440