How Four Nobel Laureates Got Lucky

An award-winning study shows the importance of luck versus talent

Stephen Foerster

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image of dice
Photo by Edge2Edge Media on Unsplash

Every October, prominent academics in their ivory towers silently wonder if this could be their year, to capture the most prestigious accolade of all, a Nobel Prize. The announcements are followed by black-tie events in Stockholm in December. Less well known is a ceremony that has taken place each year in September at a gala ceremony in Harvard University’s Sanders Theatre. It involves Nobel laureates, but as presenters and not recipients. I’m talking about the Ig Nobel Prizes. According to their website, the Igs “honor achievements that make people LAUGH, then THINK. The prizes are intended to celebrate the unusual, honor the imaginative — and spur people’s interest in science, medicine, and technology.”

In 2022, the Applied Cardiology Prize went to research on “seeking and finding evidence that when new romantic partners meet for the first time, and feel attracted to each other, their heart rates synchronize.” The Biology Prize went to research “for studying whether and how constipation affects the mating prospects of scorpions.” And the Engineering Prize went to research “for trying to discover the most efficient way for people to use their fingers when turning a knob.” Lots of laughs indeed.

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Stephen Foerster

I’m an award-winning author and Finance prof, CFA. I write stories about investing and investment history. (I don’t give financial advice.)