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 john, von, neumann, theory and/or prize:
“And when he had opened the seventh seal, there was silence in heaven about the space of half an hour.”
—Bible: New Testament St. John the Divine, in Revelation, 8:1.
“New inventions can and will be made; however, nothing new can be thought of that concerns moral man. Everything has already been thought and said which at best we can express in different forms and give new expressions to.”
—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)
“The struggle for existence holds as much in the intellectual as in the physical world. A theory is a species of thinking, and its right to exist is coextensive with its power of resisting extinction by its rivals.”
—Thomas Henry Huxley (182595)
“Far and away the best prize that life offers is the chance to work hard at work worth doing.”
—Theodore Roosevelt (18581919)