What is more prestigious?
- The Fields Medal (established 1936, around $15,000). (Also see Wikipedia Entry.) (Note that the IMU also gives out the Rolf Nevanlinna Prize (as of 1982) and the Carl Friedrich Gauss Prize for Applications of Mathematics (as of 2006). The webpage indicates they are on par with the Fields Medal.)
- The Turing Award (established 1966, around $250,000). (Also see Wikipedia Entry.)
- The Milennium prize problems (established 2000, $1,000,000 per problem). (Also see Wikipedia Entry.)
- The King Faisal International prize (established 1976, around $200,000). (Also see Wikipedia Entry.)
My impression is that this award is not as well known as the Fields Medal or Turing Award. (Commenters- agree? disagree?) Why is this? More generally, what makes an award prestigious?
- Money: But the Fields Medal, at $15,000, is still more prestigious then the King Faisal international prize.
- Time: The Fields Medal and the Turing Award were established longer ago. At the time there weren't that many other prizes out there to compete with.
- Focus: The King Faisal international award is for both Islamic Studies of various sorts and for science of various sorts. This makes it may make it harder to report on and talk about. The Fields Medal and the Turing award are focuses. Milennium Prize even more so.
- Quality of the Winners: A quick glance at the people who have won the King Faisal International prize for Science who did mathematics shows that they made excellent choices. So this is not the issue.
Which would you rather win: A Fields Medal or a King Faisal International Prize for Science? Whats more important, Money or Prestige? Or perhaps if you win the Faisal award your winning will make it better known. A better chance of hitting the big money is to go on DEAL OR NO DEAL.