Moral Hazard

TL;DR Unintended consequences occur when actions produce unexpected outcomes, often contradicting their original goals. From the Cobra Effect and Streisand Effect to Goodhart’s Law and Jevons Paradox, these phenomena demonstrate how incentives, human behavior, and complex systems can turn well-intentioned decisions into unintended problems. Understanding these effects helps individuals, businesses, and policymakers anticipate risks, make…