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
James Bentham James Bentham James Bentham (10 March 1709? – 17 November 1794) was an English clergyman, antiquarian and historian of Ely Cathedral. Bentham was a son of the Rev. Samuel Bentham ("c".1681–1733), registrar of Ely Cathedral and vicar of Witchford near Ely, and his wife, Philippa Willen ("c".1681–1747). The Benthams were a clerical family, and James was the sixth priest in a continuous descent from Thomas Bentham (1513/14–1579), Bishop of Coventry and Lichfield. His elder brother, Edward (1707–1776) became a distinguished theologian and natural philosopher, and Regius Professor of Divinity at Oxford. The family were distant cousins of the philosopher and