Why is the Nobel Peace Prize presented in Oslo instead of Stockholm?

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The Nobel Peace Prize is presented in Oslo, Norway, because Alfred Nobel explicitly stipulated in his will that the prize for peace should be awarded by a committee of five persons to be elected by the Norwegian Storting (the Norwegian parliament).12

While the other Nobel Prizes are conferred by Swedish institutions and presented in Stockholm, the Norwegian Nobel Committee is responsible for the selection and presentation of the Peace Prize in Oslo. This unique arrangement reflects Nobel's specific instructions, which remain a fundamental part of the Nobel Foundation's administration of his legacy.13