Jeremy Bentham to the fundamental concepts employed in his model of utilitarian decision making. His work is considered to be an early precursor of modern welfare economics. Bentham stated that pleasures and pains can be ranked according to their value or "dimension" such as intensity, duration, certainty of a pleasure or a pain. He was concerned with maxima and minima of pleasures and pains; and they set a precedent for the future employment of the maximisation principle in the economics of the consumer, the firm and the search for an optimum in welfare economics. Bentham advocated "Pauper Management" which involved the creation
Samuel Bentham Samuel Bentham Sir Samuel Bentham (11 January 1757 – 31 May 1831) was a noted English mechanical engineer and naval architect credited with numerous innovations, particularly related to naval architecture, including weapons. He was the only surviving sibling of philosopher Jeremy Bentham, with whom he had a close bond. Samuel Bentham was one of two surviving siblings of Jeremiah Bentham. His father was an attorney, and his older brother was the philosopher Jeremy Bentham, five other siblings having died in infancy or early childhood, and their mother dying in 1766. At the age of 14, Bentham was apprenticed to a