The Y2K Scare: Causes, Costs and Cures
John Quiggin
No 151503, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics
Abstract:
The worldwide scare over the "Y2K bug" result in the expenditure of hundreds of billions of dollars on Y2K compliance and conversion policies. Most of this can be seen, in retrospect, to have been unproductive or, at least, misdirected. In this paper, the technological and institutional factors leading to the adoption of these policies are considered, along with suggestions as to how such policy failures could be avoided in future.
Keywords: Public Economics; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 2004-02-18
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https://ageconsearch.umn.edu/record/151503/files/WPP04_1.pdf (application/pdf)
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Working Paper: The Y2K scare: causes, costs and cures (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:151503
DOI: 10.22004/ag.econ.151503
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