, Alfred Nobel designated who should determine the winners of the annual prizes which he intended to be established after his death . Alfred Nobel determined who would be winners in his book establishing prizes . Peace Prize decided by five - person committee appointed by Norwegian parliament . Committee chooses nominees from hundreds of qualified nominators . Nominees are then shortlisted and winner is decided by majority vote .
Alfred Nobel determined who would be winners in his book establishing prizes . Peace Prize decided by five - person committee appointed by Norwegian parliament . Committee chooses nominees from hundreds of qualified nominators . Nominees are then shortlisted and winner is decided by majority vote .