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:
“Ambivalence reaches the level of schizophrenia in our treatment of violence among the young. Parents do not encourage violence, but neither do they take up arms against the industries which encourage it. Parents hide their eyes from the books and comics, slasher films, videos and lyrics which form the texture of an adolescent culture. While all successful societies have inhibited instinct, ours encourages it. Or at least we profess ourselves powerless to interfere with it.”
—C. John Sommerville (20th century)
“Mad? Is one who has solved the secret of life to be considered mad?”
—Edward T. Lowe. Frank Strayer. Dr. von Niemann (Lionel Atwill)
“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)
“There could be no fairer destiny for any physical theory than that it should point the way to a more comprehensive theory in which it lives on as a limiting case.”
—Albert Einstein (1879–1955)
“Far and away the best prize that life offers is the chance to work hard at work worth doing.”
—Theodore Roosevelt (1858–1919)