We analyse the reaction of the New Zealand stock market to five economically-neutral events that psychology research indicates have varying degrees of influence on emotion and mood. Contrary to behavioural finance principles only one of these events is associated with mean or median returns that...

This brief outline identifies the various issues which confront the failing company defence. This article will:(1) briefly outline the competition laws which apply to mergers in New Zealand;(2) examine the theoretical basis for the defence with particular reference to the New Zealand setting;(3)...

On April 15 2008 the New Zealand Parliament passed the third reading of the Copyright (New Technologies) Amendment Bill ("the Bill") amending the Copyright Act 1994. As part of its provisions the Bill proposed the insertion of new s 92A in the Act requiring the new commercial transmission...

The Tyranny of Distance Prevails Internet technologies have been widely claimed to herald an end to the 'tyrannies of distance' that have proved costly for small remote trade-dependent economies. Consequently support for 'Knowledge Economy' policies such as the current plans for substantial...

This submission was prepared as a response to the Ministry of Economic Development's discussion document Regulatory Implications of Structural Separation.

As populations grow and demand for clean water increases managing and allocating scarce water resources is becoming an increasingly important task. A vital part of this task is establishing the appropriate framework for the water sector which includes establishing effective property rights to...

Did the 2002-08 re-nationalisation of New Zealand railways represent the end of a failed experiment in the privatisation of essential infrastructure and herald the renaissance of socially-desirable environmentally-friendly rail? Or was it a misguided attempt to stem the inevitable decline of a...

Richard Meade presented Intervention in Electricity Investment: Required, or Self Perpetuating? at an ISCR seminar in December 2005. The book Richard Meade has co-authored with Lewis Evans on the topic, Alternating Currents or Counter Revolution? Contemporary Electricity Reform in New Zealand is...

Presented at the Second Annual New Zealand Regulatory Evolution Summit held in Wellington on 20 May 2008 Bronwyn Howell answers the questions: What is the objective of regulation? What is competition? What is regulated competition and its effects on economy?

Peter McLay presented As the Lights Go Down ...Under Investment in Generating Capacity in a Deregulated Electricity Market at an ISCR seminar in March 2005.