Many concepts in geometry apply a priori specifically to line bundles. For certain theories like ampleness, nef, positivity I know that in order to generalize to arbitrary ranked vector bundles $E\to X$ we use the tautological line bundle $\mathcal{O}_E(-1)\to \mathbb{P}(E)$ over the projectivization of $E$. My questions are the following
- Are there other theories for which we also use $\mathcal{O}_E(-1)\to \mathbb{P}(E)$?
- "Why" does this technique work? In other words what essential characteristics of $E$ are captured in $\mathcal{O}_E(-1)$?
- Are there other ways to reduce a vector bundle to a line bundle and if yes for which concepts?