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
Transcribe Bentham "The Collected Works of Jeremy Bentham". Volunteer-produced transcripts are also uploaded to UCL's digital Bentham Papers repository, in order to widen access to the collection, and ensure its long-term preservation. Volunteers can sign-up for a user account at the Transcription Desk. Once registered, they are given transcriber privileges. The volunteer then selects a manuscript, and is presented with a manuscript image alongside a free-text box, into which he or she enters their transcript (which can be saved at any time). Volunteers are also asked to add some basic formatting to their transcripts, and encode their work in Text-Encoding Initiative-compliant XML