The economics of 'cash for cane toads' – a textbook example of perverse incentives
- Written by David Smerdon, Assistant Professor, School of Economics, The University of Queensland
It is estimated there are now more than 200 million cane toads across Queensland and northern New South Wales. ShutterstockEconomics teachers can all thank Pauline Hanson for providing an excellent example to add to their classes.
Indeed, it’s rare that Economics 101 lessons are as readily on display as in the Queensland senator’s...
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