John Von Neumann Theory Prize

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:

    If it were possible to make an accurate calculation of the evils which police regulations occasion, and of those which they prevent, the number of the former would, in all cases, exceed that of the latter.
    —Karl Wilhelm Von Humboldt (1767–1835)

    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 (1906–1958)

    The theory of the Communists may be summed up in the single sentence: Abolition of private property.
    Karl Marx (1818–1883)

    Far and away the best prize that life offers is the chance to work hard at work worth doing.
    Theodore Roosevelt (1858–1919)