Nobel Prize in Literature our age". Steinbeck himself, when asked if he deserved the Nobel on the day of the announcement, replied: "Frankly, no." In 2012 (50 years later), the Nobel Prize opened its archives and it was revealed that Steinbeck was a "compromise choice" among a shortlist consisting of Steinbeck, British authors Robert Graves and Lawrence Durrell, French dramatist Jean Anouilh and Danish author Karen Blixen. The declassified documents showed that he was chosen as the best of a bad lot: "There aren't any obvious candidates for the Nobel prize and the prize committee is in an unenviable situation," wrote committee member Henry
Nobel Memorial Prize in Economic Sciences Prize in Economics is not one of the Nobel Prizes, which were endowed by Alfred Nobel in his will. However, the nomination process, selection criteria, and awards presentation of the Prize in Economic Sciences are performed in a manner similar to that of the Nobel Prizes. Laureates are announced with the Nobel Prize laureates, and receive the award at the same ceremony. The Royal Swedish Academy of Sciences awards the prize "in accordance with the rules governing the award of the Nobel Prizes instituted through his [Alfred Nobel's] will," which stipulate that the prize be awarded annually to "those who