There are two forms of Hedonism viz. Psychological Hedonism and ethical Hedonism.
Psychological Hedonism believes that pleasure is the natural object of desire. Man naturally seeks pleasure. Psychological Hedonism is a statement of fact. Ethical Hedonism believes that pleasure is the proper object desire. Man ought to seek pleasure. Ethical Hedonism is a statement of value.
Ethical Hedonism has two forms viz. Egoistic Hedonism and universalistic Hedonism or Utilitarianism. For Egoistic Hedonism, individual’s own pleasure is the highest good For Utilitarianism, pleasure of a number of people is the highest good.