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 john, von, neumann, theory and/or prize:

    Is that a gun in your pocket, or are you just glad to see me?
    Harvey Thew, screenwriter, John Bright, screenwriter, and Lowell Sherman. Lady Lou (Mae West)

    Self-alienation is the source of all degradation as well as, on the contrary, the basis of all true elevation. The first step will be a look inward, an isolating contemplation of our self. Whoever remains standing here proceeds only halfway. The second step must be an active look outward, an autonomous, determined observation of the outer world.
    Novalis [Friedrich Von Hardenberg] (1772–1801)

    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)

    Don’t confuse hypothesis and theory. The former is a possible explanation; the latter, the correct one. The establishment of theory is the very purpose of science.
    Martin H. Fischer (1879–1962)

    The true runner comes to the finish and receives the prize and is crowned.
    Plato (c. 427–347 B.C.)