Delivering expert economic insight to the hard problems facing corporates, government and Māori.

Cognitus offers specialist expertise and experience in the economics of regulation, competition, governance, environmental policy and Treaty settlements.

Whether you need expert evidence, advice, analysis, research, representation or training, Cognitus offers clear, original and independent thinking, tailored to your needs.

 

Cognitus' thinking reflects the latest international economic research and debates. It also contributes to them.

Principal Economist, Dr Richard Meade

cognitus • adj. 1 known (from experience), tried/proved. 2 noted, acknowledged/recognised. (Oxford Latin Dictionary)

  • Dr Meade has Research Fellowship renewed with Auckland University of Technology School of Economics. Now has fellowships in both economics, and social sciences and public policy.

  • Dr Meade co-presents with Andreas Heuser of Castalia and Dr Eric Crampton of the New Zealand Initiative in LEANZ Webinar: Limiting COVID's Economic Fallout. (Slides, Video)

  • Cognitus prepares Environment Court evidence for a coalition comprising Bay of Plenty iwi and Rotorua Lakes Council on the economic consequences of those iwi receiving a free allocation of nitrogen discharge allowances in the Lake Rotorua catchment.

  • Cognitus calls for urgent formation of independent and non-partisan panel of "wise economic heads" to assist government in charting a course through the COVID-19 economic crisis. (Download)

  • Dr Meade interviewed by Kathryn Ryan on RNZ National Nine to Noon programme to discuss his "student loans" scheme proposal to help both businesses and households through COVID19 economic disruptions. (Audio Link)

  • Cognitus critically appraises government's latest business support package. Continues to call for generalised low cost loans scheme for both businesses and households, repaid by higher tax rates for borrowers (like student loans scheme). (Download)

  • Cognitus contributes to urgent global policy debates about minimising the economic impacts of COVID19 lockdowns, publishing Keeping the Economy Going in COVID19 Lockdown – A Proposal for "Low Cost" Generalised Insurance of Business and Household Incomes. (Download)

 

  • Waitangi Tribunal releases landmark preliminary determinations for Maraetai power station and Ngāumu forest land assets and statutory compensation - worth up to $1.2 billion - to be transferred to Wairarapa iwi to settle historical claims under the Treaty of Waitangi (Tribunal Determinations, WMI Announcement, WMI Press Release):

  • Expert economic evidence and testimony on historical losses and required economic base provided to claimants - Wairarapa Moana Incorporation and Ngāi Tūmapūhia-ā-Rangi - by Dr Richard Meade of Cognitus Economic Insight. (Link to Cognitus' Māori/Treaty services page)

 

  • Cognitus trading as normal through COVID-19 level 4 lockdown, but suspending physical contact with clients, associates and suppliers in accordance with official requirements. Best wishes to all those clients, associates and suppliers and their families as we work together to keep each other well and weather the storm.

  • Working paper completed by Dr Meade, modelling competition between investor-owned ("stock") and customer-owned ("mutual") banks. (Download)

  • Dr Meade appointed as a Senior Research Fellow at Auckland University of Technology's Social Sciences and Public Policy department, in recognition of his application of economics to social policy questions, notably those relevant to Māori.

  • Research report co-authored by Cognitus and NZIER, on estimating demand for competition analyses, released by MBIE. (Report link)

  • Research co-authored by Dr Meade, on New Zealand electricity lines company performance, published in A*-ranked academic journal Energy Economics. (Article link)

  • Dr Meade participates in Closing Panel Discussion: Investigating the Digital Outlook for New Zealand Business, at Advancing Digital & IT Law conference, Auckland.

  • Summary version released of Cognitus' major White Paper on preparing electricity regulation for disruptive technologies, business models and players, focusing on electricity distribution. (Summary Report)

  • Dr Meade presents at Australian Energy Market Commission (AEMC) on data-based disruption in electricity sectors; rebalancing electricity sector regulatory architecture in response to new technologies, business models and players; and pros and cons of disruptive technologies being owned by different industry or non-industry parties. (Slides)

  • Dr Meade interviewed by Kathryn Ryan on RNZ National's Nine to Noon programme, discussing policy approaches for influencing uptake of battery electric vehicles and hydrogen fuel cell electric vehicles. (Audio link).

  • Dr Meade presents paper on modelling differentiated competition between mutual and investor-owned banks at New Zealand Microeconomics Study Group meeting, University of Auckland. (Slides)

  • Dr Meade presents on economic applications to School of Social Sciences, Auckland University of Technology.

  • Dr Meade presents paper on measuring prosumer welfare, and participates on panel discussion of issues facing the New Zealand electricity market, at the Electric Power Optimization Centre's 18th winter workshop, at University of Auckland. (Workshop website)

  • Dr Meade gives interview to newsroom.co.nz for comment ahead of Commerce Commission's release of its draft fuel market study. (Article link)

  • Dr Meade gives presentation to the Commerce Commission on data-based disruption in electricity sectors; rebalancing electricity sector regulatory architecture in response to new technologies, business models and players; and pros and cons of disruptive technologies being owned by different industry or non-industry parties. (Slides)

  • Deed of settlement for Moriori historical Treaty claims initialled at Parliament. Cognitus advised and represented Hokotehi Moriori Trust in relation to special factors affecting settlement redress amount. (RNZ National link)

  • Dr Meade interviewed by Kathryn Ryan on RNZ National's Nine to Noon programme, discussing digital disruption in the New Zealand electricity sector (Audio link).

  • Dr Meade gives evidence on historical losses and required economic bases, before the Waitangi Tribunal, jointly on behalf of Te Aitanga a Māhaki and Mangatū Incorporation, Ngāi Tūmapūhia-ā-Rangi, and Wairarapa Moana Incorporation.

  • Dr Meade presents paper on modelling electricity prosumer behaviour, at Toulouse School of Economics' Twelfth Conference on the Economics of Energy and Climate, Toulouse, June. (Slides)

  • Dr Meade spends week developing bank sector research with co-author, Dr Mattia Girotti, at Bank of France, Paris, June.

  • Dr Meade gives presentation to Treasury and MBIE on data-based disruption in electricity sectors, efficiently dynamic regulation, and rebalancing electricity sector regulatory architecture in response to new technologies, business models and players. (Slides)

  • Cognitus interviewed by Stuff in relation to changing retail fuel market competition in Wellington and the South Island.

  • Dr Meade presents expert evidence before the Waitangi Tribunal on behalf of Wairarapa Moana Incorporation, in relation to the Incorporation's application to resume the land and improvements comprising the Maraetai power station. (Link to Māori services)

  • Cognitus makes critical submission on Our Schooling Futures: Stronger Together (Whiria Ngā Kura Tūātinitini): Report by the Tomorrow’s Schools Independent Taskforce. (Download)

  • Dr Meade publishes working paper on  how Māori cultural preferences for land affect well-being and relative profitability from land use. (Download)

  • Dr Meade presents on political economy of water reform at New Zealand Initiative's annual Members' Retreat. (Slides)

  • Cognitus makes submission to the ACCC's Digitial Platforms Inquiry, on the economics of privacy in the digital age. (Covering Message, Report)

  • Cognitus publishes major independent White Paper entitled "Preparing Electricity Regulation for Disruptive Technologies, Business Models and Players - In the Long-Term Interests of Consumers". (Download)

  • Dr Meade publishes working paper using micro-economic foundations to show the impact of firm ownership by consumers on consumer preferences. (Download)

  • Cognitus completes brief of evidence for the Waitangi Tribunal on behalf of Wairarapa Moana Incorporation, estimating historical losses from Public Works Act takings in relation to the Maraetai hydro-electric power scheme on the Waikato River, and the Incorporation's required economic base. (Link to Māori services)

  • Dr Meade presents paper on measuring prosumer welfare and estimating residual electricity demand when households can invest in solar panels and related distributed energy resources - at 8th VUW Microeconomics Workshop (Wellington), and 2018 Asia-Pacific Industrial Organisation Society conference (University of Melbourne).

  • Dr Meade teaches invited lecture on economics of ownership at University of Auckland.

  • Dr Meade presents expert evidence before the Waitangi Tribunal on behalf of Ngāi Tūmapūhia-ā-Rangi, evaluating forest-land related statutory compensation and the hapū's required economic base.

  • Dr Meade gives two presentations to the Commerce Commission, on data-based disruption and the economics of privacy, and modelling the prosumer (specifically, households with distributed energy resources like solar panels). (Prosumer Slides, Prosumer Paper)

  • Dr Meade presents expert evidence before the Waitangi Tribunal on behalf of Te Aitanga a Mahaki and Mangatu Incorporation, estimating land-based and non-land historical losses dating as far back as the 19th century.

  • Dr Meade discusses Commerce Commission's impending market studies powers at 29th annual CLPINZ workshop, Chapman Tripp, Wellington.

  • Dr Meade interviewed by Radio Live about competition in New Zealand fuel industry, and discusses related 2017 study co-authored by Cognitus, NZIER and Grant Thornton for MBIE. (MBIE website information, Report download)

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