INFORMS Awards Prestigious 2014 Von Neumann Theory Prize to IBM’s Nimrod Megiddo

SAN FRANCISCO, November 12, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS) today announced the award of its John Von Neumann Theory prize, a sometime harbinger of the Nobel Prize, to IBM’s Nimrod Megiddo for innovations in game theory, linear programming, and combinatorial optimization.

“In algorithmic game theory, Megiddo has done groundbreaking work that anticipated by two decades the more recent blossoming of the field,” said Stephen Robinson, President of INFORMS.

Dr. Megiddo, the former editor-in-chief of the INFORMS journal Mathematics of Operations Research, was recognized 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. His work has been highly influential in both identifying key concepts and developing new algorithmic approaches for fundamental problems.

The John Von Neumann Theory Prize isawarded annually to a scholar who has made fundamental, sustained contributions to theory in operations research and the management sciences. The award is given each year at the INFORMS annual meeting.

The award was presented at the 2014 INFORMS annual meeting in San Francisco on Sunday night, November 9.

About INFORMS

INFORMS is the leading international association for professionals in analytics and operations research (O.R.). INFORMS advances research, and develops and promotes best practices in analytics and O.R. through collaboration, knowledge sharing, and professional development. INFORMS helps business, government, and other organization professionals make better decisions to drive value to their organizations and society. Our certification program (CAP^®), highly cited publications, educational meetings and conferences, continuing education, industry and process focused networking communities, competitions, and recognition provide professionals with the knowledge and connections they need to achieve ever greater value for their organizations. Further information about INFORMS can be found online at www.informs.org or @informs.

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