Book Awards: Nobel Prize for Literature

Endowed by Alfred Nobel, and awarded by the Swedish Academy, the Nobel Prize in Literature seeks to reward a writer "in the field of literature [who has written] the most outstanding work in an ideal direction". It is well known for its idiosyncratic choices; often ignoring giants in favor of more obscure, but often deserving, writers. Recently, the prize has courted controversy with the awarding  of the prize to Peter Handke and Bob Dylan.

https://www.nobelprize.org/prizes/literature/