Arnold Reisman

The Prize was not awarded, but five authors received honorable mentions. The report of the Lanchester Prize Committee is as follows:

"The Lanchester Prize Committee for 1970 has given careful consideration to the excellent books and papers published during 1970 and nominated for the prize. The Committee has concluded that none of the nominated works were sufficiently meritorious in enough of the criteria considered in determining prize-worthiness to warrant being awarded the 1970 Lanchester Prize. Accordingly the Committee has recommended that the prize not be awarded, and the Council has accepted its recommendation.

"However, the Committee has recommended that Honorable Mentions be awarded to the authors of four works, each of which excelled in specific aspects considered in judging prize worthiness. The works and their authors are as follows:

• Time Series Analysis Forecasting and Control, by George E. P. Box and Gwilym M. Jenkins, Holden-Day, Inc.
• Utility Theory for Decision Making, John Wiley & Sons, Inc., by Peter C. Fishburn
• Optimization Theory for Large Systems, The Macmillan Company, by Leon S. Lasdon
• Managerial and Engineering Economics, Allyn and Bacon, Inc., by Arnold Reisman

"The Box and Jenkins book, Time Series Analysis Forecasting and Control, the Lasdon book, Optimization Theory for Large Systems, and the Reisman book, Managerial and Engineering Economics, are each fine examples of works which present a unification of an important technique required in many operations research studies.

"The Fishburn book, Utility Theory for Decision Making, makes an excellent contribution to the advancement of knowledge of a concept at the heart of many complex socio-technological problems."