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Bentham defined as the "fundamental axiom" of his philosophy the principle that "it is the greatest happiness of the greatest number that is the measure of right and wrong." [6] [7] He became a leading theorist in Anglo-American philosophy of law, and a political radical whose ideas influenced the development of welfarism.
v. t. e. In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. [ 1 ][ 2 ] In other words, utilitarian ideas encourage actions that ensure the greatest good for the greatest number. Although different varieties of utilitarianism ...
1789. An Introduction to the Principles of Morals and Legislation is a book by the English philosopher and legal theorist Jeremy Bentham "originally printed in 1780, and first published in 1789." [1] Bentham's "most important theoretical work," [2] it is where Bentham develops his theory of utilitarianism and is the first major book on the topic.
v. t. e. Act utilitarianism is a utilitarian theory of ethics that states that a person's act is morally right if and only if it produces the best possible results in that specific situation. Classical utilitarians, including Jeremy Bentham, John Stuart Mill, and Henry Sidgwick, define happiness as pleasure and the absence of pain. [1]
On Liberty is an essay published in 1859 by the English philosopher John Stuart Mill. It applied Mill's ethical system of utilitarianism to society and state. [ 1 ][ 2 ] Mill suggested standards for the relationship between authority and liberty. He emphasized the importance of individuality, which he considered a prerequisite to the higher ...
Von Neumann–Morgenstern utility theorem. In decision theory, the von Neumann–Morgenstern (VNM) utility theorem demonstrates that rational choice under uncertainty involves making decisions that take the form of maximizing the expected value of some cardinal utility function. This function is known as the von Neumann–Morgenstern utility ...
t. e. Rule utilitarianism is a form of utilitarianism that says an action is right as it conforms to a rule that leads to the greatest good, or that "the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance". [1] Philosophers Richard Brandt and Brad Hooker are major proponents of ...
v. t. e. In economics, utility is a measure of the satisfaction that a certain person has from a certain state of the world. Over time, the term has been used in at least two different meanings. In a normative context, utility refers to a goal or objective that we wish to maximize, i.e. an objective function.