The Nobel Prizes have since 1901 been awarded to hundreds of people whose work has led to great advances for mankind, in line with the wishes of inventor Alfred Nobel. But the Norwegian Nobel Institute – the Peace Prize is the only one of the prizes handed out in Norway – welcomes all proposed names, as long as they are sent in by January 31st for the year in question and are submitted by those eligible to nominate, and each year the Nobel Institute receives hundreds of nominations. The economics prize has only been awarded to three women, but it has only been around since 1969, which can be compared to the physics prize which has only five female laureates since 1901.