Author Topic: The Cobra Effect  (Read 1096 times)

hubag bohol

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The Cobra Effect
« on: July 05, 2011, 06:12:05 PM »



This is when the solution to a problem actually makes the problem worse. The term ‘Cobra effect’ comes from an anecdote from colonial India. The British government wanted to decrease the population of venomous cobra snakes, so they offered a reward for every dead snake. However, the Indians began to breed cobras for the income. When the government realized what was going on, the reward was canceled, and the breeders set the snakes free. The snakes consequently multiplied, and increased the cobra population. The term is now used to illustrate the origins of wrong stimulation in politics and economic policy. Unfortunately, some of the crises facing our world are the result of honest attempts to solve problems. -- http://listverse.com/



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