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The word utility is used to mean general well-being or happiness, and Mill's view is that utility is the consequence of a good action. Utility, within the context of utilitarianism, refers to people performing actions for social utility. By social utility, he means the well-being of many people.
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.
Transcribe Bentham is a crowdsourced manuscript transcription project, run by University College London's Bentham Project, [126] in partnership with UCL's UCL Centre for Digital Humanities, UCL Library Services, UCL Learning and Media Services, the University of London Computer Centre, and the online community. The project was launched in ...
Utility maximization was first developed by utilitarian philosophers Jeremy Bentham and John Stuart Mill. In microeconomics, the utility maximization problem is the problem consumers face: "How should I spend my money in order to maximize my utility?" It is a type of optimal decision problem.
The felicific calculus is an algorithm formulated by utilitarian philosopher Jeremy Bentham (1748–1832) for calculating the degree or amount of pleasure that a specific action is likely to induce. Bentham, an ethical hedonist, believed the moral rightness or wrongness of an action to be a function of the amount of pleasure or pain that it ...
Initially, the term utility equated usefulness with the production of pleasure and avoidance of pain by moral philosophers, Jeremy Bentham and John Stuart Mill. [5] In line with this philosophy, the concept of utility was defined as "the feelings of pleasure and pain" [6] and further as a "quantity of feeling". [7]
Robert Nozick, a twentieth century American philosopher, coined the term "utility monster" in response to Jeremy Bentham's philosophy of utilitarianism.Nozick proposed that accepting the theory of utilitarianism causes the necessary acceptance of the condition that some people would use this to justify exploitation of others.
Jeremy Bentham (1748–1832) was perhaps the most radical thinker of his time, and developed the concept of utilitarianism. Bentham was an atheist, a prison reformer, animal rights activist, believer in universal suffrage, freedom of speech, free trade and health insurance at a time when few dared to argue for any of these ideas. He was ...