What is the Cobra Effect?
The road to hell is paved with good intentions…
Published in
3 min readJan 4, 2022
What is the Cobra Effect?
The Cobra Effect, also called Perverse Incentives, describes unintended negative consequences when a reward or incentive is offered to solve a problem.
The story goes that many years ago, in colonial India, there was a cobra infestation in the city…