Nobel Prize Nobel Prize The Nobel Prize (, ; Swedish definite form, singular: "Nobelpriset"; ) is a set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances. The will of the Swedish scientist Alfred Nobel established the five Nobel prizes in 1895. The prizes in Chemistry, Literature, Peace, Physics, and Physiology or Medicine were first awarded in 1901. In 1968, Sweden's central bank, Sveriges Riksbank, established the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel", which, although not being a Nobel Prize, has become informally known as
Nobel Prize controversies possibility is that Nobel did not consider mathematics as a practical discipline. Both the Fields Medal and the Abel Prize have been described as the "Nobel Prize of mathematics". The most notorious controversies have been over prizes for Literature, Peace and Economics. Beyond disputes over which contributor's work was more worthy, critics most often discerned political bias and Eurocentrism in the result. The interpretation of Nobel's original words concerning the Literature prize has also undergone repeated revisions. The 2008 prize was awarded to Osamu Shimomura, Martin Chalfie and Roger Y. Tsien for their work on green fluorescent protein or GFP.