The eigenstate thermalization hypothesis (or ETH) is a set of ideas which purports to explain when and why an isolated quantum mechanical system can be accurately described using equilibrium statistical mechanics. In particular, it is devoted to understanding how systems which are initially prepared in far-from-equilibrium states can evolve in time to a state which appears to be in thermal equilibrium. The phrase "eigenstate thermalization" was first coined by Mark Srednicki in 1994, after similar ideas had been introduced by Josh Deutsch in 1991. The principal philosophy underlying the eigenstate thermalization hypothesis is that instead of explaining the ergodicity of a thermodynamic system through the mechanism of dynamical chaos, as is done in classical mechanics, one should instead examine the properties of matrix elements of observable quantities in individual energy eigenstates of the system. In statistical mechanics, the microcanonical ensemble is a particular statistical ensemble which is used to make predictions about the outcomes of experiments performed on isolated systems that are believed to be in equilibrium with an exactly known energy. The microcanonical ensemble is based upon the assumption that, when such an equilibrated system is probed, the probability for it to be found in any of the microscopic states with the same total energy have equal probability. With this assumption, the ensemble average of an observable quantity is found by averaging the value of that observable over all microstates with the correct total energy: Importantly, this quantity is independent of everything about the initial state except for its energy. The assumptions of ergodicity are well-motivated in classical mechanics as a result of dynamical chaos, since a chaotic system will in general spend equal time in equal areas of its phase space. If we prepare an isolated, chaotic, classical system in some region of its phase space, then as the system is allowed to evolve in time, it will sample its entire phase space, subject only to a small number of conservation laws (such as conservation of total energy).