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PREDICTIONS – 10 Years Later - Santa Fe Institute

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5. GOOD GUYS AND BAD GUYS COMPETE THE SAME WAY<br />

twentieth century when the awards were instituted, receiving a Nobel<br />

prize seemed to be exclusively a European activity. Americans entered<br />

the scene in 1907, in small numbers at first, with one award every few<br />

years. But Americans gained ground continuously, and by the late 1930s<br />

and early 1940s they excelled. Following World War II there have been<br />

American awards almost every year. The peak of the smooth curve is<br />

around 1985, however, and it implies entering a declining phase in the<br />

1990s, something that could not have been guessed from the yearly data<br />

points, which fluctuate greatly. The reader should bear in mind, however,<br />

that the uncertainties from the fitting procedure could shift the<br />

turnover point in the life cycle by several years. In any case the average<br />

number of yearly American awards by the mid 21st century is projected<br />

to be less than one. It is true that the year 1991 saw zero American laureates<br />

and the year 1999 only one, but the magnitude of year-to-year<br />

fluctuations does not permit the use of these numbers as confirmation of<br />

the decline.<br />

The question that comes to mind is, “If Americans are winning fewer<br />

Nobel prizes, are others winning more?” To answer this we must consider<br />

the distribution of prizes among the competing countries and look<br />

for relative trends. Doing so (see Chapter Seven), one realizes that the<br />

American decline is, in fact, less alarming than it might at first appear.<br />

The American share of Nobel prizes remains rather stable until 2000.<br />

But a declining absolute number with a constant share implies that the<br />

total number of Nobel prizes awarded itself decreases.<br />

Is it reasonable to expect that the institution of Nobel awards will<br />

weaken and wither with time? Several observations support such a hypothesis.<br />

The first is that the yearly number of laureates has been<br />

increasing. New categories are added (economics in 1969, mathematics<br />

is being considered), and more individuals share prizes more often as<br />

time goes on. These inflationary tactics lead to devaluation and suggest<br />

that there may be an end of life for Nobel awards.<br />

A second observation is that the average age of Nobel laureates is<br />

increasing. It was 54.5 until 1940 and has risen to 57.7 for the periods<br />

1940-1987; if we look at only the decade 1991-2000, it has reached<br />

63.3. Although this may in part reflect the general increase in life<br />

expectancy, it is degenerate in nature inasmuch as excellence is<br />

associated with the older and weaker rather than the younger and better<br />

fit for performance. It is worth noting that age does correlate with per-<br />

<strong>10</strong>6

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