Nobel ceremonies go low-key this year because of coronavirus
In this Sunday, Dec. 6, 2020, photo provided by Nobel Prize Outreach, Louise Glck stands beside the medal awarded to her for the 2020 Nobel Prize in Literature outside her home in Cambridge, Mass. The pomp and ceremony of the Nobel prize ceremonies were altered this year amid measures to slow the spread of the coronavirus. (Daniel Ebersole/ Nobel Prize Outreach via AP)STOCKHOLM – The pomp and ceremony of the Nobel prize ceremonies have been reined in this year amid measures to slow the spread of the coronavirus. Instead, their achievements will be recognized and rewarded at low-key ceremonies where they live and work in Europe and the United States. A Nobel prize comes with a 10-milion krona ($1.1 million) cash award — to be shared in some cases — diplomas and gold medals.
2 Stanford economists win Nobel prize for improving auctions
The two American economists, both professors at Stanford, won the Nobel Prize in Economics for improving how auctions work. For helping make auctions run more efficiently, two Americans on Monday won the Nobel prize for economics. You’ve won the Nobel Prize.’’ Awakened, Milgrom stammered for a moment and then said: “Wow.’’The two men tackled the tricky problem of making auctions work efficiently. Last week, the Nobel Committee awarded the prize for physiology and medicine for discovering the liver-ravaging hepatitis C virus. The prize for physics honored breakthroughs in understanding black holes, and the chemistry prize went to scientists behind a powerful gene-editing tool.