Abstract
Early forecasts concerning the impact of Y2K were bleak; however, the true magnitude of the problem will never really be known. From a technical standpoint, Y2K was largely characterized as a problem of dependence on IT, including embedded systems; interdependence across systems; systems complexity; and a fixed time horizon. These assumptions are contestable but not refutable.
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© 2008 Kevin F. Quigley
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Quigley, K.F. (2008). The Market Failure Hypothesis. In: Responding to Crises in the Modern Infrastructure. Palgrave Macmillan, London. https://doi.org/10.1057/9780230241640_4
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DOI: https://doi.org/10.1057/9780230241640_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-35856-4
Online ISBN: 978-0-230-24164-0
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)