This paper contains an investigation of the class of pseudolossless rational functions

, which are characterized by the property

for

. The index of such a function, counting the zeros of the polynomial

in the right half-plane

, enjoys some very useful decomposition properties. It is shown how an appropriate index theory of pseudo-lossless functions provides a framework in which the most classical results concerning the problem of locating the zeros of a polynomial can be unified, simplified, and generalized.