The names of nominees and other information about the deliberation process are kept secret for 50 years . Alfred Nobel determined who would decide winners in his will establishing prizes . Peace prize decided by five-person committee elected by Norwegian parliament . Comment: Nominees are then shortlisted and winner is decided by majority vote .
Alfred Nobel determined who would decide winners in his will establishing prizes . Peace prize decided by five-person committee elected by Norwegian parliament . Comment: Nominees are then shortlisted and winner is decided by majority vote .