CHARACTERIZATION OF A LINEAR DECISION RULE Available to Purchase

The main objective of this paper is to show an application of general systems thinking to decision theory. The search for isomorphic or homomorphic relations between decision criteria is fundamentally a new approach for clarifying and reconstructing decision models. Hence, the isomorphic relation between a linear decision criterion and an expected utility maximization criterion is established; then this isomorphism is used to characterize the former by the latter. The characterization is complete and the same approach can be applied to many other decision criteria.