Today I learned on Nostr: TIL about the Cobra effect, referring to a time in the British Raj when people were ...

TIL about the Cobra effect, referring to a time in the British Raj when people were offered a bounty for every dead cobra. Soon, ppl started breeding cobras for a reward which in turn forced the government to stop the rewards. In response, people released their captive cobras into the wild.

https://en.wikipedia.org/wiki/Perverse_incentive
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1j7lurh/til_about_the_cobra_effect_referring_to_a_time_in/