The Cobra Effect refers to the unintended negative consequences of an incentive that was designed to improve society or individual well-being. The term derives from an attempt to eradicate snakes in India, wherein people bred cobras to collect rewards for their capture.
Must Read
China eyes 1,000-acre maritime hub at Port Qasim to revive Pakistan’s...
Project promises robotic shipbreaking, on-site steel processing, and vessel production seven times larger than current capacity
