Process of dating
In 1939, Martin Kamen and Samuel Ruben of the Radiation Laboratory at Berkeley began experiments to determine if any of the elements common in organic matter had isotopes with half-lives long enough to be of value in biomedical research.
The different elements of the carbon exchange reservoir vary in how much carbon they store, and in how long it takes for the Accumulated dead organic matter, of both plants and animals, exceeds the mass of the biosphere by a factor of nearly 3, and since this matter is no longer exchanging carbon with its environment, it has a ratio having remained the same over the preceding few thousand years.
The method was developed by Willard Libby in the late 1940s and soon became a standard tool for archaeologists.
Libby received the Nobel Prize for his work in 1960.
For consistency with these early papers, and to avoid the risk of a double correction for the incorrect half-life, radiocarbon ages are still calculated using the incorrect half-life value.
A correction for the half-life is incorporated into calibration curves, so even though radiocarbon ages are calculated using a half-life value that is known to be incorrect, the final reported calibrated date, in calendar years, is accurate.
The radiocarbon dating method is based on the fact that radiocarbon is constantly being created in the atmosphere by the interaction of cosmic rays with atmospheric nitrogen.