High Quality Content by WIKIPEDIA articles! The Nobel Prize controversies are contentious disputes regarding the Nobel Prize.The Nobel Prizes are a series of awards which were posthumously instituted by bequest of Alfred Nobel (1895). They are currently awarded to persons and organizations that have served humanity in the fields of physics, chemistry, physiology or medicine, literature, and peace. The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel is related to the Nobel Prize. Since the first Nobel Prize was awarded in 1901, the proceedings, nominations, awardees and exclusions have engendered criticisms and generated on-going controversies.