What kind of conditions are met to receive the Nobel Prize? And is it the most expensive prize in the world?

First, there must be groundbreaking work. There must be novelty. That will challenge the conventional understanding of that subject in the field and may spawn a branch in itself. In fact, the novel can be in many research papers, but the level or significance of all of them is not the same. It seems reasonable to use the word groundbreaking for this.

Second, it must have direct or broader implications for human welfare or have clear indications that it will benefit humanity in the future.

Third, for a particular research over a long period of time and for making significant contributions to that subject over a consistent period of time. Many people jokingly say that if you don’t reach the age of 70, you can’t be eligible for the Nobel Prize in Physics. Again Lawrence Bragg probably got the Nobel when he was only 24-25 years old.

I told Angi what I knew about the Nobel Prize in Physics. Maybe in chemistry or medicine.