Nobel Prize controversies research CERN, commented in a scientific meet in Kolkata titled "Frontiers of Science" that "it is unfortunate that pioneering Indian physicist Satyendra Nath Bose did not win the Nobel Prize for work on quantum physics in the 1920s that provided the foundation of the Bose–Einstein statistics and the theory of the Bose–Einstein condensate". Albert Einstein's 1921 Nobel Prize Award mainly recognized his 1905 discovery of the mechanism of the photoelectric effect and "for his services to Theoretical Physics". The Nobel committee passed on several nominations for his many other seminal contributions, although these led to prizes for others who later
Nobel Prize money. Further costs to pay institutions and persons engaged in giving the prizes were 27,4 million krona. The events during the Nobel week in Stockholm and Oslo cost 20,2 million krona. The administration, Nobel symposium, and similar items had costs of 22.4 million krona. The cost of the Economic Sciences prize of 16.5 Million krona is paid by the Sveriges Riksbank. Once the Nobel Foundation and its guidelines were in place, the Nobel Committees began collecting nominations for the inaugural prizes. Subsequently, they sent a list of preliminary candidates to the prize-awarding institutions. The Nobel Committee's Physics Prize shortlist cited