The Cobra Effect
Decision MakingUnintended ConsequencesPolicy Design
The Cobra Effect describes unintended negative consequences of well-intentioned policies or incentives.
Introduction
The Cobra Effect describes unintended negative consequences of well-intentioned policies or incentives.
Core Concepts
- Misaligned Incentives: Rewards that encourage undesirable behavior.
- Systemic Analysis: Considering secondary effects of policies.
- Iterative Design: Testing and refining strategies.
Applications
- Public policy for designing effective regulations.
- Business for crafting incentive programs.
Related Resources
- Tools: Policy modeling frameworks.
- Book: "What You Measure Is What You Get" by John Hauser.