ABEL
PRIZE - AWARDS
News:
Abel Prize Awarded for
Studies of Universe’s Randomness
What's
in the news?
●
A French mathematician is the recipient of
this year’s Abel Prize, the math equivalent of the Nobel, for advances in
understanding randomness in the universe — the heights of ocean waves crashing
on a beach, the weights of babies, the ups and downs of the stock market — work
that has found use in mathematical physics and statistics.
Key
takeaways:
●
The winner of the Abel Prize for 2024 is Michel Talagrand.
●
He is a French mathematician who was awarded the prize for his
groundbreaking contributions to probability theory and functional analysis,
with outstanding applications in mathematical physics and statistics.
Abel
Prize:
●
It is an annual award honouring outstanding mathematicians.
●
Often referred to as the "Nobel Prize of Mathematics".
Key
Features:
1.
Recognition:
●
Awarded by the King of Norway, it acknowledges
exceptional contributions to the field of mathematics.
●
The Abel Prize is given by the Norwegian
Academy of Science and Letters, on behalf of the Ministry of Education of the
Norwegian Parliament.
2.
Establishment:
●
Created in 2002, it commemorates the 200th
anniversary of the birth of Norwegian mathematician Niels Henrik Abel.
3.
Monetary Award:
●
It carries a significant monetary prize of
7.5 million Norwegian kroner (roughly equivalent to $1 million USD).
4.
Selection Process:
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A committee of distinguished
mathematicians selects the winner after a rigorous nomination process.