Copenhagen, 3 October (EFE). Nobel week begins on Monday with the announcement of the winners in medicine or physiology by the Karolinska Institutet.
Until October 10, announcements of chemistry, physics, literature, peace and economics will continue, and this last award is the only one not awarded by the inventor Alfred Nobel.
Announcement of the Medicine Prize will be followed by Physics on Tuesday, Chemistry on Wednesday, Literature on Thursday, Peace on Friday – the only one to be announced and delivered in Olso and not in Stockholm – and on Monday Economics.
Strictly speaking, this last award is called the Bank of Sweden Prize in honor of Alfred Nobel.
Other categories were determined in his will by the inventor of dynamite, who inherited his fortune to offer appreciation to those who excelled in science, literature, and the pursuit of peace.
Nobel, who had no children but relatives who might be his heirs, argued that inherited fortunes were a disaster.
And so he arranged in his will that his money be invested in real estate and insurance, and that the interest be divided into five equal parts to reward the personalities in many areas, regardless of their nationality.
Six decades later, the Bank of Sweden created the Economics Prize, which has been awarded since 1969.
All Nobel Prize winners follow a similar electoral process: Scientists, academics, or university professors nominate their nominees and different Nobel committees set different criteria for selecting a winner or winners, up to three for each award.
And they have the same economic giveaway, this year being 10 million Swedish kronor (916,000 euros or $882,000).