THE NOBLE PRIZE AND ALFRED NOBEL

The Nobel Prize (Swedish: Nobelpriset)

is a Sweden-based international

monetary prize. The award was

established

by the 1895 will and estate of Swedish

chemist and inventor Alfred Nobel. It

was first awarded in Physics, Chemistry,

Physiology or Medicine, Literature, and

Peace in 1901. An associated prize,

The Sveriges Riksbank Prize in Economic

Sciences in Memory of Alfred Nobel, was

instituted by Sweden's central bank in 1968

and first awarded in 1969.[1] The Nobel Prizes

in the specific disciplines (Physics, Chemistry,

Physiology or Medicine, and Literature) and

the Prize in Economics, which is commonly identified with them, are widely regarded as the most prestigious award one can receive in those fields.[1] The Nobel Peace Prize conveys social prestige and is often politically controversial