The Cobra Effect: Why Good Intentions Fail ⚠️ | Contextual
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The Cobra Effect: Why Good Intentions Fail ⚠️ | Contextual
The British Empire tried to solve a snake problem in India... but they accidentally made it three times worse. Here is how. 👇 It started with a cash reward for every dead cobra. It ended with people breeding snakes just to get paid. This is the classic example of "Perverse Incentives"—when a solution creates a worse problem because the ...
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