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
Deep Play: Notes on the Balinese Cockfight concept of British philosopher Jeremy Bentham (1748–1832), who defines "deep play" as a game with stakes so high that no rational person would engage in it. The amounts of money and status involved in the very brief cockfights make Balinese cockfighting "deep play." The problem of explaining why the activity prevails is what Geertz sets out to solve in the essay. Deep Play: Notes on the Balinese Cockfight "Deep Play: Notes on the Balinese Cockfight" is an essay included in the book "The Interpretation of Cultures" by anthropologist Clifford Geertz. Considered Geertz's most seminal work, the essay addresses the meaning