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The '''Nobel Prize''' is a well-known award for achievements in [[peace]], [[physics]], [[chemistry]], [[medicine]] or [[physiology]], [[literature]], and [[economics]]. <ref>The Nobel Foundation: [http://nobelprize.org/nobel_prizes/ Nobel Prizes]</ref>  The Nobel Prizes were first given out in 1901.<ref>The Nobel Foundation: [http://nobelprize.org/nobelfoundation/history/lemmel/index.html History]</ref>

To nominate somebody for a Nobel Prize, the nominating party must meet the requirements outlined for the specific category or has to be invited.<ref>The Nobel Foundation: [http://nobelprize.org/nomination/nomination_facts.html Nomination Facts]</ref> It is not possible to nominate someone for a [[posthumous]] Nobel Prize. <ref>The Nobel Foundation: [http://nobelprize.org/nomination/nomination_facts.html Nomination Facts]</ref>

According to [[Alfred Nobel]]'s will the [[Nobel Peace Prize]] is to be awarded "to the person who shall have done the most or the best work for fraternity between the nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses".<ref>Bannister, Peter. (2003), ''History of the Nobel Peace Prize'', Philadelphia: Arbor Press, page 7.</ref>