What is the mathematics analogue of the Nobel Prize?

[Demystifier]

You have probably heard many times that the closest analogue of the Nobel Prize for mathematics is the Fields Medal. But today I realized that it is not. There is a much closer analogue - the Abel prize.

In particular, both the Nobel and the Abel prize are about $1.5 million, while the Fields medal is only about $15.000. In addition, Nobel and Abel prizes are awarded each year, while Fields medal is awarded every four years. For more details see
http://en.wikipedia.org/wiki/Fields_Medal
http://en.wikipedia.org/wiki/Abel_Prize

 

[DataGG]

Are you sure the Fields medal is only $15.000? I always thought it was $1 million. Didn't Grigori Perelman turn down 1 million dollars?

 

[johnqwertyful]

The Fields medal is only $15 000. You're thinking of the millennium prize problems.

 

[micromass]

Yeah, the Abel prize is probably closest to the Nobel Prize. But the Fields medal is still the most prestigous prize.

 

[LudusRex]

I would agree that the Abel prize is a closer analogue to the Nobel Prize for mathematics than the Fields Medal. While the Fields Medal is certainly a prestigious and highly coveted award, the monetary value and frequency of the Nobel and Abel prizes align more closely.

Furthermore, the criteria for selection for the Nobel and Abel prizes also share some similarities. Both prizes recognize outstanding contributions to a specific field of study, with the Nobel Prize focusing on scientific achievements and the Abel Prize specifically recognizing contributions to the field of mathematics.

However, it is important to note that the Nobel Prize and Abel Prize have different histories and origins. The Nobel Prize was established in 1895 by Alfred Nobel, while the Abel Prize was established in 2002 by the Norwegian government. Therefore, while the Abel Prize may be a closer analogue to the Nobel Prize in terms of monetary value and selection criteria, it is still a distinct and unique award in its own right.

In conclusion, while the Fields Medal is often considered the "Nobel Prize of mathematics", the Abel Prize may be a more accurate analogue in terms of monetary value, frequency, and selection criteria. Both prizes recognize exceptional achievements in mathematics and serve to honor and promote the advancement of this important field of study.