Gary E. Marché, Murder as a Business Decision: an Economic Analysis of a Criminal Phenomena [sic], Austin and Winfield, 1998

OPTIMAL CHOICES FOR THE BUSINESS-LIKE MURDERER

In figure 5.4 (1/p) and (1/f) serve as the two goods. The indifference curves in figure 5.4 represent the willingness to trade away one good (choice) for the other while maintaining the same level of utility or wealth gains. For murder as a business decisions, the offender is assumed to prefer risk and be relatively more sensitive to a given percentage change in (p) than in (f).