The view from WRAP

By: Dr Peter Maddox, Director, WRAP UK Posted: 18 Jan 2019

I was talking to an economist friend over a drink last weekend, and he told me about the Cobra Effect. It is based on an amusing tale from Delhi in the 19th Century.Concerned at the huge number of venomous cobras in the city, officials sought to control and reduce the excessive population by offering a bounty to be paid for every dead cobra returned to the authorities. Locals responded with...

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