The John von Neumann Theory Prize of the Institute for Operations Research and the Management Sciences is awarded annually to an individual (or sometimes a group) who has made fundamental and sustained contributions to theory in operations research and the management sciences.
The Prize named after mathematician John von Neumann is awarded for a body of work, rather than a single piece. The Prize was intended to reflect contributions that have stood the test of time. The criteria include significance, innovation, depth, and scientific excellence.
The award is $5,000, a medallion and a citation.
The Prize has been awarded since 1975. The first recipient was George B. Dantzig for his work on linear programming.
Read more about John Von Neumann Theory Prize: List of Recipients
Famous quotes containing the words von, neumann, theory and/or prize:
“So divinely is the world organized that every one of us, in our place and time, is in balance with everything else.”
—Johann Wolfgang Von Goethe (17491832)
“It means there are times when a mere scientist has gone as far as he can. When he must pause and observe respectfully while something infinitely greater assumes control.”
—Kurt Neumann (19061958)
“By the mud-sill theory it is assumed that labor and education are incompatible; and any practical combination of them impossible. According to that theory, a blind horse upon a tread-mill, is a perfect illustration of what a laborer should beall the better for being blind, that he could not tread out of place, or kick understandingly.... Free labor insists on universal education.”
—Abraham Lincoln (18091865)
“It is impossible to think of Howard Hughes without seeing the apparently bottomless gulf between what we say we want and what we do want, between what we officially admire and secretly desire, between, in the largest sense, the people we marry and the people we love. In a nation which increasingly appears to prize social virtues, Howard Hughes remains not merely antisocial but grandly, brilliantly, surpassingly, asocial. He is the last private man, the dream we no longer admit.”
—Joan Didion (b. 1934)