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Professor Flavio Menezes
Professor

Flavio Menezes

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Phone: 
+61 7 344 31279

Overview

Background

Flavio Menezes is a Professor of Economics and Director of the Australian Institute for Business and Economics at the University of Queensland (UQ). Flavio is also the Chair of the Queensland Competition Authority, a part-time member of the Australian Competition Tribunal, and a member of the NDIA’s Pricing Arrangement Reference Group. Professor Menezes has been engaged by the Australian Treasury toto provide independent strategic advice to the Australian and New Zealand governments for a review into regulatory barriers to the net zero transformation.

Professor Menezes was a member of the Expert Panel for the Special Disability Accommodation (NDIS) 2022-2023 price review. He was the president of the Economic Society of Australia (Queensland) from 2016 – 2018 and a member of the advisory board of the Federal government’s 2019 – 2020 Deregulation Taskforce.

He was the Head of the School of Economics at UQ from 2009 to 2015, the chair of the Research Evaluation Committee for Economics and Commerce, Excellence of Research in Australia (ERA) 2018, and a member of the same committee for ERA 2015. Professor Menezes was an elected member of UQ’s Academic Board and of its Standing Committee from 2018 to 2021. Prior to joining UQ in 2006, he was a Professor of Economics and a Professor of Regulatory Economics at the Australian National University and the foundation director of the Australian Centre of Regulatory Economics. He was a (part-time) Vice-President at Charles Rivers Associates International in Canberra from 2005 to 2006.

Professor Menezes is a fellow of the Academy of the Social Sciences in Australia and a Distinguished Public Policy Fellow of the Economic Society of Australia. He is an associate editor of Journal of Public Economic Theory and was the co-editor of the Economic Record from 2016 to 2022. He has published extensively on the economics of auctions, competition and regulatory economics, industrial organisation, and market design. He is a sought after UQ Expert on Australian economic policy. Professor Menezes’ engagement with industry and government is significant.

His experience includes advising the federal government, the AEMC, the ACCC, IPART, the QCA, and the ACT and Victorian governments on market design issues in regulatory environments. He has also provided economic advice to many private and public organisations on competition and regulatory issues in telecommunications, defence, fisheries, water, gambling, natural resources, electricity markets, dairy, smart cities, banking, aged care, the NDIS, early childhood education and childcare, health, and transport.

Availability

Professor Flavio Menezes is:
Available for supervision
Media expert

Fields of research

Qualifications

  • Bachelor of Economics, Universidade do Estado do Rio de Janeiro (UERJ)
  • Masters (Coursework) of Economics, unknown
  • Doctor of Philosophy, University of Illinois

Research interests

  • Competition and Regulatory Economics

  • auction theory and market design

  • public economics including taxation

Research impacts

Research undertaken by Professor Menezes has contributed to several areas in economics:

  1. Competition and regulatory economics: Prof Menezes’s research on competition economics is frequently cited in regulatory proceedings in Australia and overseas. For example, his advisory work on incentive mechanisms is cited in submissions to the Australian Energy Regulator and the IPART. His advisory work on asset valuation is cited in decisions by the Australian Energy Regulator and ERA. His research on the economic theory of auction and market design underpinned his expert reports that were pivotal in the Australian Competition Tribunal’s 2017 decision on the $11B merger of Tabcorp and Tatts Group. Professor Menezes’s research on public-private partnerships underpinned advice provide to governments and international organisations on how to procure complex transport infrastructure.
  2. Price regulation approaches for aged care: The Royal Commission into Aged Care Quality and Safety engaged Prof Menezes to review price regulation approaches that may be appropriate for application in the aged care sector. Prof Menezes’s advice directly informed the recommendation to introduce an independent Pricing Authority in the aged care sector (Royal Commission Final Report 2021, p.150).
  3. Competition and design in auctions: Prof Menezes’s research on multiple-unit auctions has been used to explain low revenue in some spectrum auctions in the United States and in Europe. Spectrum auctions have been redesigned as a result and his work is cited in patent applications for Clock Auctions (patent no. US7729975B2) and by Google (patent no. US8204818B1). His research on right-to-choose auctions provided an alternative design for the sale of a set of commonly ranked objectives. It has been considered to allocate spectrum of frequency and landing slots at airports and is cited in patents for computer-based right distribution systems (patent no. US7689210B2).
  4. Entry and corruption in auctions: Prof Menezes’s research has provided important insights into market design across a range of sectors. When entry into auctions is endogenous, having a larger number of potential bidders does not necessary lead to higher expected revenue in an auction; this implies that efforts to secure many bidders may be misplaced, and instead focus should be on competitive bidders. Moreover, when corruption is possible, particular care needs to be taken when designing auctions to minimise the impact of corruption on efficiency and on the seller’s revenue.

Works

Search Professor Flavio Menezes’s works on UQ eSpace

114 works between 1993 and 2024

41 - 60 of 114 works

2014

Journal Article

Public-private partnerships for transport infrastructure: some efficiency risks

Ryan, Matthew and Menezes, Flávio (2014). Public-private partnerships for transport infrastructure: some efficiency risks. New Zealand Economic Papers, 49 (3), 1-20. doi: 10.1080/00779954.2014.955625

Public-private partnerships for transport infrastructure: some efficiency risks

2014

Other Outputs

Network Regulation and Regulatory Institutional Reform: Revisiting the Case of Australia

Nepal, Rabindra, Menezes, Flavio Marques and Jamasb, Tooraj (2014). Network Regulation and Regulatory Institutional Reform: Revisiting the Case of Australia. School of Economics Discussion Paper Series. 510. School of Economics, University of Queensland.

Network Regulation and Regulatory Institutional Reform: Revisiting the Case of Australia

2014

Other Outputs

Public-Private Partnerships for Transport Infrastructure: Some Efficiency Risks

Ryan, Matthew and Menezes, Flavio (2014). Public-Private Partnerships for Transport Infrastructure: Some Efficiency Risks. School of Economics Discussion Paper Series. 499. School of Economics, University of Queensland.

Public-Private Partnerships for Transport Infrastructure: Some Efficiency Risks

2014

Journal Article

Default and renegotiation in PPP auctions

Menezes, Flavio and Ryan, Matthew (2014). Default and renegotiation in PPP auctions. Journal of Public Economic Theory, 17 (1), 49-77. doi: 10.1111/jpet.12102

Default and renegotiation in PPP auctions

2013

Journal Article

The Failure of Judges and the Rise of Regulators by Shleifer Andrei

Menezes, Flavio (2013). The Failure of Judges and the Rise of Regulators by Shleifer Andrei. The Economic Record, 89 (287), 577-580. doi: 10.1111/1475-4932.12086

The Failure of Judges and the Rise of Regulators by Shleifer Andrei

2013

Other Outputs

Energy Efficiency and Price Regulation

Menezes, Flavio, Dutra, Joisa and Zheng, Xuemei (2013). Energy Efficiency and Price Regulation. 495. School of Economics, University of Queensland.

Energy Efficiency and Price Regulation

2013

Other Outputs

Assessing the impact of blended learning on student performance

Kwak, Won Do, Menezes, Flavio and Sherwood, Carl (2013). Assessing the impact of blended learning on student performance. School of Economics Discussion Paper Series. 494. School of Economics, University of Queensland.

Assessing the impact of blended learning on student performance

2013

Other Outputs

Default and Renegotiation in PPP Auctions

Menezes, Flavio and Ryan, Matthew (2013). Default and Renegotiation in PPP Auctions. 484. School of Economics, University of Queensland.

Default and Renegotiation in PPP Auctions

2013

Journal Article

The impact of price regulation on the cost of capital

Camacho, Fernando T. and Menezes, Flavio M. (2013). The impact of price regulation on the cost of capital. Annals of Public and Cooperative Economics, 84 (2), 139-158. doi: 10.1111/apce.12007

The impact of price regulation on the cost of capital

2013

Other Outputs

Market design for new leaders

Menezes, Flavio M. (2013). Market design for new leaders. Risk and Sustainable Management Group Working Paper Series: Australian Public Policy. P13_4. School of Economics, The University of Queensland.

Market design for new leaders

2012

Other Outputs

Optimal Access Regulation with Downstream Competition

Menezes, Flavio, Quiggin, John and Kao, Tina (2012). Optimal Access Regulation with Downstream Competition. School of Economics Discussion Paper Series. 473. School of Economics, University of Queensland.

Optimal Access Regulation with Downstream Competition

2012

Other Outputs

Regulatory behaviour under threat of court reversal

Menezes, Flavio, Soderberg, Magnus and Santolino, Miguel (2012). Regulatory behaviour under threat of court reversal. School of Economics Discussion Paper Series. 472. School of Economics, University of Queensland.

Regulatory behaviour under threat of court reversal

2012

Journal Article

The national tax forum: The evolving tax reform agenda

Menezes, Flavio M. and Clarke, Harry (2012). The national tax forum: The evolving tax reform agenda. Economic Papers, 31 (1), 1-2. doi: 10.1111/j.1759-3441.2012.00164.x

The national tax forum: The evolving tax reform agenda

2012

Journal Article

The business tax reform agenda

Menezes, Flavio M. (2012). The business tax reform agenda. Economic Papers, 31 (1), 3-7. doi: 10.1111/j.1759-3441.2012.00165.x

The business tax reform agenda

2012

Journal Article

Testing regulatory consistency

Breunig, Robert and Menezes, Flavio M. (2012). Testing regulatory consistency. Contemporary Economic Policy, 30 (1), 60-74. doi: 10.1111/j.1465-7287.2010.00249.x

Testing regulatory consistency

2011

Journal Article

Embedded incentives in the funding arrangements for residential aged care in Australia

Hamilton, Steven D. and Menezes, Flavio M. (2011). Embedded incentives in the funding arrangements for residential aged care in Australia. Economic Papers, 30 (3), 326-340. doi: 10.1111/j.1759-3441.2011.00125.x

Embedded incentives in the funding arrangements for residential aged care in Australia

2010

Journal Article

Good and bad consistency in regulatory decisions

Menezes, Flavio M. and Roessler, Christian (2010). Good and bad consistency in regulatory decisions. The Economic Record, 86 (275), 504-516. doi: 10.1111/j.1475-4932.2010.00631.x

Good and bad consistency in regulatory decisions

2010

Journal Article

Welfare-enhancing mergers under product differentiation

Kao, Tina and Menezes, Flavio (2010). Welfare-enhancing mergers under product differentiation. Manchester School, 78 (4), 290-301. doi: 10.1111/j.1467-9957.2009.02145.x

Welfare-enhancing mergers under product differentiation

2010

Other Outputs

Price Regulation and the Cost of Capital

Camacho, Fernando T. and Menezes, Flavio M. (2010). Price Regulation and the Cost of Capital. School of Economics Discussion Paper. 413. School of Economics, University of Queensland.

Price Regulation and the Cost of Capital

2010

Other Outputs

Embedded Incentives in the Funding Arrangements for Residential Aged Care in Australia

Hamilton, Steven D. and Menezes, Flavio (2010). Embedded Incentives in the Funding Arrangements for Residential Aged Care in Australia. School of Economics Discussion Paper. 416. School of Economics, University of Queensland.

Embedded Incentives in the Funding Arrangements for Residential Aged Care in Australia

Funding

Past funding

  • 2023 - 2024
    BLADE Analysis for IP Australia - Stage 1
    IP Australia
    Open grant
  • 2022 - 2023
    Highlighting the benefits of price incentives for electric vehicle charging: evidence from a field experiment with telematics data
    Energy Consumers Australia Influence Grants
    Open grant
  • 2022 - 2023
    Emissions and economic modelling of road and rail freight in NSW
    iMove Cooperative Research Centre
    Open grant
  • 2022 - 2023
    Investigation into Start-ups and Scale-ups in Queensland
    Queensland Department of State Development, Tourism and Innovation
    Open grant
  • 2012 - 2014
    Games and decisions with bounded rationality: theory and economic implications
    ARC Discovery Projects
    Open grant
  • 2006 - 2008
    The consistency of price regulation of infrastructure businesses across Australian jurisdictions
    ARC Discovery Projects
    Open grant
  • 2005 - 2007
    Economy wide consequences of regulation and privalisationpolicy regimes
    Australian National University
    Open grant

Supervision

Availability

Professor Flavio Menezes is:
Available for supervision

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Supervision history

Current supervision

Completed supervision

Media

Enquiries

Contact Professor Flavio Menezes directly for media enquiries about:

  • Auction and market design
  • Australian economic policy
  • Competition economics
  • Economics
  • Market design
  • Public economics
  • Regulatory economics
  • Taxation of multinationals

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For help with finding experts, story ideas and media enquiries, contact our Media team:

communications@uq.edu.au