A Quote by Harry Markowitz

In 1989, I was awarded the Von Neumann Prize in Operations Research Theory by the Operations Research Society of America and The Institute of Management Sciences. They cited my works in the areas of portfolio theory, sparse matrix techniques and the SIMSCRIPT programming language.

Harry Markowitz

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America Areas Cited Institute Language Management Matrix Operations Portfolio Prize Programming Research Sciences Society Techniques Theory Von Von Neumann Works

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Harry Markowitz
American - Economist
Born: August 24, 1927

My Ph.D. is in operations research. I was interested in making things work better and using mathematics to help do that. So operations research is what I studied as an undergraduate and graduate student.

Alvin E. Roth

After preliminary work by a number of other distinguished mathematicians and economists, game theory as a systematic theory started with von Neumann and Morgenstern's book, 'Theory of Games and Economic Behavior,' published in 1944.

John Harsanyi

I was invited to join the newly established Central Chemical Research Institute of the Hungarian Academy of Sciences in 1954 and was able to establish a small research group in organic chemistry, housed in temporary laboratories of an industrial research institute.

George Andrew Olah

There was a seminar for advanced students in Zürich that I was teaching and von Neumann was in the class. I came to a certain theorem, and I said it is not proved and it may be difficult. Von Neumann didn't say anything but after five minutes he raised his hand. When I called on him he went to the blackboard and proceeded to write down the proof. After that I was afraid of von Neumann.

George Polya

I don't think about a theory of everything when I do my research. And even if we knew the ultimate underlying theory, how are you going to explain the fact that we're sitting here? Solving string theory won't tell us how humanity was born.

Lisa Randall

John von Neumann gave me an interesting idea: that you don't have to be responsible for the world that you're in. So I have developed a very powerful sense of social irresponsibility as a result of von Neumann's advice. It's made me a very happy man ever since. But it was von Neumann who put the seed in that grew into my active irresponsibility!

Richard P. Feynman

For decades, my research was driven by outstanding problems in macroeconomics: mainly growth theory and employment theory.

Edmund Phelps

Von Neumann languages do not have useful properties for reasoning about programs. Axiomatic and denotational semantics are precise tools for describing and understanding conventional programs, but they only talk about them and cannot alter their ungainly properties. Unlike von Neumann languages, the language of ordinary algebra is suitable both for stating its laws and for transforming an equation into its solution, all within the "language."

John Backus

I was so surprised because I'm not too sure whether I could win a Nobel Prize, you know, because basically, physics, it means that usually people was awarded for the invention of the basic theory. But in my case, not a basic theory, in my case just making the device, you know.

Shuji Nakamura

No generalizing beyond the data, no theory. No theory, no insight. And if no insight, why do research.

Henry Mintzberg

The supposed astronomical proofs of the theory [of relativity], as cited and claimed by Einstein, do not exist. He is a confusionist. The Einstein theory is a fallacy. The theory that ether does not exist, and that gravity is not a force but a property of space can only be described as a crazy vagary, a disgrace to our age.

Charles Lane Poor

The ordinary operations of algebra suffice to resolve problems in the theory of curves.

Joseph-Louis Lagrange

I would ask, "How can one have a technological society without research? How can one have research without researching dangerous areas? How can one research dangerous areas without uncovering dangerous information? How can you uncover dangerous information without it falling into the hands of insane people who will sooner or later destroy the human race, if not the whole of life on earth?" Who knows? God only knows!

Pete Seeger

EMA research evidences strong and growing interest in leveraging log data across multiple infrastructure planning and operations management use cases. But to fully realize the potential complementary value of unstructured log data, it must be aligned and integrated with structured management data, and manual analysis must be replaced with automated approaches. By combining the RapidEngines capabilities with its existing solution, SevOne will be the first to truly integrate log data into an enterprise-class, carrier-grade performance management system.

Jim Frey

The classical example of a successful research programme is Newton's gravitational theory: possibly the most successful research programme ever.

Imre Lakatos

My first contact with game theory was a popular article in 'Fortune Magazine' which I read in my last high school year. I was immediately attracted to the subject matter, and when I studied mathematics, I found the fundamental book by von Neumann and Morgenstern in the library and studied it.

Reinhard Selten

A Quote by Harry Markowitz

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