The Concept of an Objective

  • A. F. G. Hanken
  • H. A. Reuver
Part of the Frontiers in Systems Research book series (FRSR, volume 4)


Normative systems are characterized by the presence of an objective or goal. In this section, this concept will be further examined and defined. A starting point for a decision is the goal set, which is the set of all results, goal variables, or payoffs associated with the alternatives at the decision maker’s disposal.


Decision Maker Cash Flow Feasible Region Preference Order Certainty Equivalent 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Martinus Nijhoff Publishing 1981

Authors and Affiliations

  • A. F. G. Hanken
  • H. A. Reuver

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