{"id":28715,"date":"2022-08-11T21:39:09","date_gmt":"2022-08-11T21:39:09","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/cobra-effect"},"modified":"2022-08-11T21:59:25","modified_gmt":"2022-08-11T21:59:25","slug":"cobra-effect","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/cobra-effect","title":{"rendered":"Cobra effect"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>The Cobra Effect is a term in economics. It refers to a situation when an attempted solution to a problem makes the problem worse. This name was coined based on an incident in old colonial India.<\/p>\n

By some reasons, there were too many venomous cobra snakes in Delhi. People were dying due to snake-bites and it became scary for almost everyone to step out of their houses.<\/p>\n

The government of the day had to get into action to stop this menace and it offered a silver coin for every dead cobra. The results were great, a large number of snakes were killed for the reward. Eventually, however, it led to some serious unwanted consequences. After a short-term dip in cobra population, it started going up.<\/p>\n

This was because few people began to breed cobras for the income. When the news reached the government, the reward program was scrapped, causing the cobra breeders to set the now-worthless snakes free. As a result, the cobra population further increased. The solution for the problem made the situation even worse.<\/p>\n

The unintended consequence for a well-intention-ed idea led to making the problem worst. Trying a new solution? or Planning to tackle an existing problem with a new idea? It\u2019s wise to pause and think about how people would respond to the new idea that may sound great on paper!<\/p>\n

As they say the road to hell can be paved with good intentions, the similar mistakes are happening around us everyday when the decision -makers fail to take a 360 degree view of all the possible outcomes of an action before implementation.<\/p>\n

Every solution has consequences and those consequences may lead to certain situations where rather than solving a current problem, you may end up with more complex problems.<\/p>\n

An intelligent team of people failed to think about the above likely outcomes because it became temporarily blind by the brilliance of such a great idea, Don\u2019t implement while you\u2019re under the awe of the brilliance of a never -tested, nice-looking solution or idea, think about the Cobra-effects Evaluate all possible outcomes to avoid cobra effect.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. The Cobra Effect is a term in economics. It refers to a situation when an attempted solution to a problem makes the problem worse. This name was coined based on an incident in old colonial India. By some reasons, there were too many venomous cobra snakes in Delhi. People were dying due […]<\/p>\n","protected":false},"author":84,"featured_media":28714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4,25,8,16],"tags":[234,235,233],"class_list":["post-28715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-culture-and-art","category-featured","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nCobra effect - Zambia<\/title>\n<meta name=\"description\" content=\"The Cobra Effect is a term in economics. 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