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Home:: What Is the Nobel Prize?

What Is the Nobel Prize?

The Nobel Prize is given to people in five different categories every year. The categories are in physics, chemistry, physiology or medicine, literature, and for peace. In 1968, a prize for economics was set up in honor of Alfred Nobel. It is called The Sveriges Riksbank Prize in Economic Sciences. The Nobel Prize committee awards the prizes in Stockholm, Sweden. However the Nobel Peace Prize is awarded separately in Oslo, Norway. The monetary portion of the award has grown over the years to match the rate of inflation.

Answers to commonly asked questions about the Nobel Prizes.

The physics award can be split between different people and different projects each year. Two different projects may win and three different people may win. The nominating process is time consuming. Certain people are allowed to nominate projects, and then a larger committee narrows it down to fifteen people, which is submitted to the final committee. The original physics prize went to Wilhelm Conrad Rontgen for work that eventual led to the x-ray.

List of Winners of the Nobel Prize for Physics
Explanation of Winning Physics Prizes

The chemistry award is similar to that of the physics award. It can also be split between people and projects each given year. It also goes through a rigorous nomination process in order for candidates to be considered for the prize. The first prize was given to Jacobus Henricus van ‘ Hoff. He worked with ostomic pressure and chemical dynamics in solutions.

List of Winners of the Nobel Prize for Chemistry
Effects of the Nobel Prize on Chemistry

The Nobel Prize for Phsyology or Medicine is awarded once a year and can be divided between people. The committee tries to give the prize to people who have made significant advances in the filed of medicine over the years. The first prize went to Emil von Behring for his work in preventing dipetheria.

List of Winners of the Nobel Prize for Medicine
A Brief Explanation of the Work Completed by Each Winner

The Nobel Prize for Literature is given to someone each year. The prize is given to someone who has written in an ideal direction. Generally, the committee looks at the lifetime contributions of authors rather than at an individual work. The committee has begun to reward for literary merit as well. The nomination process is complex, and generally starts out with fifty nominations, which are narrowed down to twenty, and then to five. At that point the committee closely examines all of the works of the nominees before making a choice.

List of Winners of the Nobel Prize for Literature

The Nobel Peace prize may be the most famous of the Nobel Prizes. The committee that awards and nominates this is based in Norway rather than Sweden and operates independently. These prizes are usually given in close connection to the events that bring about the person’s action, while the other prizes are awarded after several years. These prizes are often controversial and the nomination process is kept absolutely secret. The prizes go to people who have worked for human rights or to end long standing discord between countries.

List of Winners of the Nobel Peace Prize