[fumeux_fume]

Except for the prize committees outsourcing roughly the same sets of judges, they work a lot like how you’d expect. The judges pickup a bunch of books and choose the ones they like the most. Since the author makes it clear how subjective the process truly is, you can assume that personal biases play a huge part in how winners are chosen.

[dundarious]

Yes, as someone who has read the literature section of the (small) national newspaper with some regularity, this is pretty much all old news -- could glean most of this from reading for a year. You hear about the longlists and shortlists and panel of judges (after the winner(s) is chosen), and one would hope that at least the literary prizes are highly subjective.

[vintermann]

How could they not? There's no objective way to declare a book great (although there may be some objective ways of declaring a book bad).