When was the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel first awarded?

Created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was first awarded in 1969.12

It is important to clarify that while this award is widely identified with the Nobel Prize and is presented at the same ceremony, it is technically not a Nobel Prize. It was established in 1968 by the Bank of Sweden, more than 60 years after the original Nobel Prizes were first distributed in 1901.12