Incentives

It is the conflict that arises when someone acts on another's behalf, has different interests, and knows more than the person they act for, so cannot be fully checked.

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Starter thread · AI-reviewed against its sources

The cobra effect names a reward that worsens the problem it targets. The Delhi story behind it is probably apocryphal, but the incentive pattern it describes is real and well studied.

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Starter thread · AI-reviewed against its sources