THE NOBEL PRIZE

The Nobel Peace Prize is one of the five prizes the Swede Alfred Nobel established in his will of 27 November 1895. It is awarded by the Norwegian Nobel Committee. Recipient of the annual award is traditionally announced in early October.

The Nobel Prize in Physiology or Medicine is one of the five Nobel Prizes. It is the Nobel Assembly at Karolinska Institutet that every year at the beginning of October decides who has won this year's Nobel Prize. The prize has been awarded since 1901.

The Nobel Prize in Chemistry is one of the five original Nobel Prizes. It is the Royal Swedish Academy of Sciences that every year in early October decides who has won this year's Nobel Prize. The prize has been awarded since 1901.

The Nobel Prize in Physics is one of the five original Nobel Prizes, and is awarded annually by the Royal Swedish Academy of Sciences to one or more persons who have made outstanding contributions to physics.

The Nobel Prize in Literature is the most important literature prize in the world. According to the Nobel will, the Nobel Prize in Literature will go to "the one who in literature has produced the most excellent in an idealistic direction".

The prize in economic science is a prize awarded annually for outstanding contributions to the subject of economics. The prize is often informally referred to as the "Nobel Prize in Economics" or the "Nobel Memorial Prize in Economics"