HomeTechnologyNobel season is here: 5 things to know about the prizes

Nobel season is here: 5 things to know about the prizes


COPENHAGEN, Denmark (AP) — The beginning of October means Nobel Prize season. Six days, six awards, new faces from around the world added to the world’s most elite list of scientists, writers, economists and human rights leaders.

This year’s Nobel season kicks off on Monday with the medicine prize, followed by daily announcements: physics on Tuesday, chemistry on Wednesday and literature on Thursday. The 2022 Nobel Peace Prize will be announced on Friday and the one for economics on October 10.

Here are five other things to know about the coveted prizes:

WHO CREATED THE NOBEL PRIZES?

The prizes for medicine, physics, chemistry, literature and peace were established by the will of Alfred Nobel, a wealthy Swedish industrialist and inventor of dynamite. The first prizes were awarded in 1901, five years after Nobel’s death.

Political cartoons about world leaders

Political Cartoons

Each prize is worth 10 million crowns (nearly $900,000) and will be awarded with a diploma and a gold medal on December 10, the date of Nobel’s death in 1896.

The economics prize, officially known as the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel, was not created by Nobel, but by the central bank of Sweden in 1968.

Between 1901 and 2021, the Nobel prizes and the economics prize have been awarded 609 times.

WHO KNOWS WHO WILL WIN AND WHY?

The Nobel statutes bar judges from discussing its deliberations for 50 years. So it will probably be a while before we know for sure how the judges made their picks for 2022 and who was on their shortlists.

The judges try hard to avoid hinting at the winners before the announcements, but sometimes word gets out. Bookmakers in Europe sometimes offer odds on potential Nobel Peace Prize and Literature Prize winners.

WHO CAN NOMINATE A CANDIDATE?

Thousands of people around the world are eligible to submit nominations for the Nobel Prizes.

They include university professors, legislators, former Nobel laureates and the committee members themselves.

Although the nominations are kept secret for 50 years, those who submit them sometimes publicly announce their suggestions, particularly for the Nobel Peace Prize.

WHAT ABOUT THE NORWEGIAN CONNECTION?

The Nobel Peace Prize is awarded in Norway, while the other prizes are awarded in Sweden. This is how Alfred Nobel wanted it.

His exact reasons are unclear, but during his lifetime, Sweden and Norway were joined in a union, which was dissolved in 1905. At times, relations have been strained between the Nobel Foundation in Stockholm, which manages the prize money, and the fiercely independent peace prize committee in Oslo.

WHAT DOES IT TAKE TO WIN A NOBEL?

Scientists often have to wait decades for their work to be recognized by Nobel judges, who want to make sure any breakthrough stands the test of time.

That’s a departure from Nobel’s will, which states that prizes should be awarded to “those who, during the preceding year, have conferred the greatest benefit on mankind.” The peace prize committee is the only one that periodically rewards the achievements of the previous year.

According to the wishes of the Nobel, that prize should go to “the person who has done more or better for brotherhood among nations, for the abolition or reduction of permanent armies and for the celebration and promotion of peace congresses.”

Follow all AP stories about the Nobel Peace Prize at https://apnews.com/hub/nobel-prizes

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.



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