Cobra Effect

concept
1 mentions 1 recordings first heard Jan 2021 last heard Jan 2021 ±0 this week

Economic incentive phenomenon where a policy backfires and worsens the problem

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Professor Abbey Adams-PrassellMore or Less · Deaths at Home, Supermarket Infections and the Cobra Effect · 10:48 · Jan 2021
…The Cobra Effect is a term that basically refers to a scenario where the incentives designed to solve a problem not only don't work, but they actually backfire completely and end up making the whole situation worse than it was to start with.…
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