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:
“Oh! full Surrey twilight! importunate band!
Oh! strongly adorable tennis-girls hand!”
—Sir John Betjeman (19061984)
“Error is acceptable as long as we are young; but one must not drag it along into old age.”
—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)
“In the corrupted currents of this world
Offences gilded hand may shove by justice,
And oft tis seen the wicked prize itself
Buys out the law; but tis not so above:
There is no shuffling.”
—William Shakespeare (15641616)