There have been several mentions of the term "hedonic calculus," and in doing some reading I find this quote from DeWitt which in which he criticizes this term (in the form of "calculus of pleasure":
Cite is to the letter to Meneoceus, which Bailey has as:
[130] Yet by a scale of comparison and by the consideration of advantages and disadvantages we must form our judgment on all these matters. For the good on certain occasions we treat as bad, and conversely the bad as good.