Nobel Prize in Physics

(1833–1896), who established the Nobel Prizes. Alfred Nobel, in his last will and testament, stated that his wealth should be used to create a series of prizes for those who confer the "greatest benefit on mankind" in the fields of physics, chemistry, peace, physiology or medicine, and literature. Though Nobel wrote several wills during his lifetime, the last one was written a year before he died and was signed at the Swedish-Norwegian Club in Paris on 27 November 1895. Nobel bequeathed 94% of his total assets, 31 million Swedish kronor, to establish and endow the five Nobel Prizes. Owing to the level of skepticism surrounding the will, it was not until 26 April 1897 that it was approved by the Storting (Norwegian Parliament). The executors of his will were Ragnar Sohlman and Rudolf Lilljequist, who formed the Nobel Foundation to take care of Nobel's fortune and organise the prizes. The members of the Norwegian Nobel Committee who were to award the Peace Prize were appointed soon after the will was approved. The other prize-awarding organisations followed: Karolinska Institutet on 7 June, the Swedish Academy on 9 June, and the Royal Swedish Academy of Sciences on 11 June. The Nobel Foundation then established guidelines for awarding the prizes. In 1900, the Nobel Foundation's newly created statutes were promulgated by King Oscar II. According to Nobel's will, the Royal Swedish Academy of Sciences would award the Prize in Physics. == Nomination and selection ==

(1907 laureate), Albert Einstein (1921 laureate), and Robert A. Millikan (1923 laureate). A maximum of three Nobel laureates and two different works may be selected for the Nobel Prize in Physics. Compared with other Nobel Prizes, the nomination and selection process for the prize in physics is long and rigorous. This is a key reason why it has grown in importance over the years to become the most important prize in Physics. The Nobel laureates are selected by the Nobel Committee for Physics, a Nobel Committee that consists of five members elected by The Royal Swedish Academy of Sciences. During the first stage which begins in September, a group of about 3,000 selected university professors, Nobel Laureates in Physics and Chemistry, and others are sent confidential nomination forms. The completed forms must arrive at the Nobel Committee by 31 January of the following year. The nominees are scrutinized and discussed by experts and are narrowed to approximately fifteen names. The committee submits a report with recommendations on the final candidates to the Academy, where, in the Physics Class, it is further discussed. The Academy then makes the final selection of the Laureates in Physics by a majority vote. – 1979 laureate The names of the nominees are never publicly announced, and neither are they told that they have been considered for the Prize. Nomination records are sealed for fifty years. While posthumous nominations are not permitted, awards can be made if the individual died in the months between the decision of the committee (typically in October) and the ceremony in December. Prior to 1974, posthumous awards were permitted if the candidate had died after being nominated. The rules for the Nobel Prize in Physics require that the significance of achievements being recognized has been "tested by time". In practice, that means that the lag between the discovery and the award is typically on the order of 20 years and can be much longer. For example, half of the 1983 Nobel Prize in Physics was awarded to Subrahmanyan Chandrasekhar for his work on stellar structure and evolution that was done during the 1930s. As a downside of this tested-by-time rule, not all scientists live long enough for their work to be recognized. Some important scientific discoveries are never considered for a prize, as the discoverers have died by the time the impact of their work is appreciated. == Prizes ==

A Physics Nobel Prize laureate is awarded a gold medal, a diploma bearing a citation, and a sum of money. Medals The medal for the Nobel Prize in Physics is identical in design to the Nobel Prize in Chemistry medal. The reverse of the physics and chemistry medals depicts the Goddess of Nature in the form of Isis as she emerges from clouds holding a cornucopia. The Genius of Science holds the veil which covers Nature's "cold and austere face". A plate below the figures is inscribed with the name of the recipient. The text "REG. ACAD. SCIENT. SUEC." denoting the Royal Swedish Academy of Sciences is inscribed on the reverse. The diploma contains a picture with the name of the laureate and a citation explaining their accomplishments. but in 2012 following the Great Recession, the amount was 8 million SEK, or US$1.1 million. If there are two laureates in a particular category, the award grant is divided equally between the recipients, but if there are three, the awarding committee may opt to divide the grant equally, or award half to one recipient and a quarter to each of the two others. Ceremony The committee and institution serving as the selection board for the prize typically announce the names of the laureates during the first week of October. The prize is then awarded at formal ceremonies held annually in Stockholm Concert Hall on 10 December, the anniversary of Nobel's death. The laureates receive a diploma, a medal, and a document confirming the prize amount. ==Controversies==