The results of a perverse incentive scheme are also sometimes called cobra effects, where people are incentivized to make a problem worse. This name was coined by economist Horst …

Sep 6, 2019 · Unintended consequences happen so often that economists call them “Cobra Problems,” after a famous historic example. In colonial India, Delhi suffered a proliferation of …

That’s called the Cobra Effect—when an attempted solution results in unintended consequences. Because most of our cause-to-effect experiences involve very simple, direct relationships, we …

Feb 16, 2024 · EVERY decision or action we make carries unintended consequences. The “Cobra Effect” is a term coined for a solution that makes a current problem worse based on incentives, …

Jan 4, 2022 · The Cobra Effect describes why rewards or incentives cause unintended negative outcomes. Here's how you can avoid it in business and design.

Oct 24, 2024 · The “Cobra Effect” discussion reveals a striking paradox in contemporary policymaking: well-intentioned interventions often lead to unintended consequences that can …

Jun 11, 2019 · The Cobra Effect occurs when an attempted solution to a problem manages to make the situation worse than before. Economists call this by another name: government …

Feb 23, 2024 · The cobra effect teaches us that rewards can easily backfire, especially if they're not correctly understood. The power of a variable reward is critical, as it can significantly …

Jan 6, 2025 · What Is the Cobra Effect? The Cobra Effect is what happens when a solution to a problem ends up making the problem worse. It stems from creating incentives that, instead of …

Aug 29, 2022 · Explore the unintended consequences of poor incentives through historical and modern examples, including Delhi's cobra problem and Afghan poppy fields. Learn strategies …