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:

    Artists have a double relationship towards nature: they are her master and her slave at the same time. They are her slave in so far as they must work with means of this world so as to be understood; her master in so far as they subject these means to their higher goals and make them subservient to them.
    —Johann Wolfgang Von Goethe (1749–1832)

    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)

    Thus the theory of description matters most.
    It is the theory of the word for those
    For whom the word is the making of the world,
    The buzzing world and lisping firmament.
    Wallace Stevens (1879–1955)

    To a maiden true he’ll give his hand,
    Hey lillie, ho lillie lallie,
    To the king’s daughter o’ fair England,
    To a prize that was won by a slain brother’s brand,
    I’ the brave nights so early.
    Unknown. Earl Brand (l. 67–71)