| John von Neumann Award | |
|---|---|
 | |
| Awarded for | Influential contributions to research in exact social sciences, effect on research directions of the College. |
| Country | Hungary |
| Presented by | Rajk College for Advanced Studies |
| First award | 1995 |
| Website | rajk |
TheJohn von Neumann Award (Hungarian:Neumann János-díj), named afterJohn von Neumann, is given annually by theRajk College for Advanced Studies inBudapest, to an outstanding scholar in the exact social sciences, whose works have had substantial influence over a long period of time on the studies and intellectual activity of the students of the college. The award was established in 1994 and is given annually. In 2013, separately from the annual prize,Kenneth J. Arrow was given the Honorary John von Neumann Award.
This award differentiates itself from other scientific awards on the basis that it is given by students of economics and various social sciences, decided after a long deliberation process. The students select the nominees and vote for the prize-winner in the Assembly of the College after a review and debate regarding the pre-selected names.
Most of the recipients of the award have been academics working in some branch ofeconomics - an exception is the philosopher and political theoristJon Elster. Multiple recipients, such asJean Tirole,Esther Duflo, andJoshua Angrist were subsequently awarded theNobel Prize in Economics. Others likeGary Becker andJohn Harsanyi received the award after they were awarded the Nobel Prize in Economics.Kenneth J. Arrow also received the Honorary John von Neumann Award in 2013 after being awarded the Nobel Prize in 1972.
Overall eleven recipients have received theNobel Prize in Economics, eight after getting the Neumann-award (Tirole, Williamson, Acemoglu, Aghion, Angrist, Duflo, Thaler), and four beforehand (Harsányi, Becker, Arrow, Roth).
*Received honorary prize.
