The Y2K scare: causes, costs and cures
AbstractThe 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.
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Bibliographic InfoPaper provided by Risk and Sustainable Management Group, University of Queensland in its series Australian Public Policy Program Working Papers with number WPP04_1.
Date of creation: Feb 2004
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Y2K; moral panics;
Other versions of this item:
- Quiggin, John, 2004. "The Y2K Scare: Causes, Costs and Cures," Risk and Sustainable Management Group Working Papers, University of Queensland, School of Economics 151503, University of Queensland, School of Economics.
- H89 - Public Economics - - Miscellaneous Issues - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-23 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Quiggin, John, 1987. "Egoistic Rationality and Public Choice: A Critical Review of Theory and Evidence," The Economic Record, The Economic Society of Australia, The Economic Society of Australia, vol. 63(180), pages 10-21, March.
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