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. 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. Source: Wikipedia (en)