John von Neumann Theory Prize

Updated on Nov 19, 2023

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First awarded 1975
Awarded for Fundamental, sustained contributions to theory in operations research and the management sciences Official website John von Neumann Theory Prize

The John von Neumann Theory Prize of the Institute for Operations Research and the Management Sciences (INFORMS) 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. It is regarded the "Nobel Prize" of the field.

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.

List of recipients

2016 Martin I. Reiman and Ruth J. Williams

for seminal research contributions over the past several decades, to the theory and applications of “stochastic networks/systems” and their “heavy traffic approximations.”

2015 Vašek Chvátal and Jean Bernard Lasserre

for seminal and profound contributions to the theoretical foundations of optimization.

2014 Nimrod Megiddo

for fundamental contributions across a broad range of areas of operations research and management science, most notably in linear programming, combinatorial optimization, and algorithmic game theory.

2013 Michel Balinski.

2012 George Nemhauser and Laurence Wolsey.

2011 Gérard Cornuéjols, IBM University Professor of Operations Research at Carnegie Mellon University’s Tepper School of Business

for his fundamental and broad contributions to discrete optimization including his deep research on balanced and ideal matrices, perfect graphs and cutting planes for mixed-integer optimization.

2010 Søren Asmussen and Peter W. Glynn

2009 Yurii Nesterov and Yinyu Ye

2008 Frank Kelly

2007 Arthur F. Veinott, Jr.

for his profound contributions to three major areas of operations research and management science: inventory theory, dynamic programming and lattice programming.

2006 Martin Grötschel, László Lovász and Alexander Schrijver

for their fundamental path-breaking work in combinatorial optimization.

2005 Robert J. Aumann

in recognition of his fundamental contributions to game theory and related areas

2004 J. Michael Harrison

for his profound contributions to two major areas of operations research and management science: stochastic networks and mathematical finance.

2003 Arkadi Nemirovski and Michael J. Todd

for their seminal and profound contributions in continuous optimization.

2002 Donald L. Iglehart and Cyrus Derman

for their fundamental contributions to performance analysis and optimization of stochastic systems

2001 Ward Whitt

for his contributions to queueing theory, applied probability and stochastic modelling

2000 Ellis L. Johnson and Manfred W. Padberg

1999 R. Tyrrell Rockafellar

1998 Fred W. Glover

1997 Peter Whittle

1996 Peter C. Fishburn

1995 Egon Balas

1994 Lajos Takacs

1993 Robert Herman

1992 Alan J. Hoffman and Philip Wolfe

1991 Richard E. Barlow and Frank Proschan

1990 Richard Karp

1989 Harry M. Markowitz

1988 Herbert A. Simon

1987 Samuel Karlin

1986 Kenneth J. Arrow

1985 Jack Edmonds

1984 Ralph Gomory

1983 Herbert Scarf

1982 Abraham Charnes, William W. Cooper, and Richard J. Duffin

1981 Lloyd Shapley

1980 David Gale, Harold W. Kuhn, and Albert W. Tucker

1979 David Blackwell

1978 John F. Nash and Carlton E. Lemke

1977 Felix Pollaczek

1976 Richard Bellman

1975 George B. Dantzig for his work on linear programming

There is also an IEEE John von Neumann Medal awarded by the IEEE annually "for outstanding achievements in computer-related science and technology".

References

John von Neumann Theory Prize Wikipedia

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