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Renaud Foucart

Senior Lecturer, Lancaster University Management School, Lancaster University
I am an applied microeconomic theorist. This means I try to understand real world puzzles by modelling strategic interactions. This has led me to work on topics as different as smoking bans, Islamic finance, environmental agreements, urban planning, the comeback of vinyl, online search aggregators and the impact of auditing courts on the selection of politicians. I hold a PhD from Université libre de Bruxelles. Since then I have worked in Oxford, Berlin, Nottingham and now Lancaster University.

The boomer generation hit the economic jackpot. Young people will inherit their massive debts

Sep 29, 2024 10:19 am UTC| Insights & Views Economy

Young people in Britain could be forgiven for despairing at the financial pressures they face and feeling that previous generations enjoyed a much fairer economic environment. Then just to add to their worries about home...

Google monopoly ruling: where the tech giant goes from here

Aug 16, 2024 07:01 am UTC| Technology Law

A US judge has found that Google is a monopoly and has used this dominance to reinforce its market position. This ruling, which is subject to appeal, brings the US regulator close to the European Commission in its...

Budget airlines make money from extra charges, but savvy travellers benefit too

Jul 25, 2024 15:11 pm UTC| Business

If youre about to jet off on a summer flight, the chances of you having secured a bargain at this peak time of the year are slim. And as well as the cost of your tickets, you may have grudgingly paid various amounts on top...

Russia has become so economically isolated that China could order the end of war in Ukraine

Jul 02, 2024 14:38 pm UTC| Insights & Views Economy

Western leaders are becoming increasingly frustrated by Chinas role in enabling the war in Ukraine. Some have even openly threatened to sanction the country if it continues to provide Russia with the materials it needs to...

Four tips to avoid being bamboozled by political statistics and data

Jun 13, 2024 06:12 am UTC| Insights & Views Politics

With a plethora of elections around the world in 2024, voters considering their options can expect to be presented with all kinds of numbers and statistics aimed at giving credibility to various claims from various...

What we know so far about Labour’s plan for Great British Energy

Jun 03, 2024 11:04 am UTC| Politics

The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign. Great British Energy is one of Keir Starmers six first steps for government, should his...

Judas and the economics of betrayal

Mar 28, 2024 12:03 pm UTC| Insights & Views

No one remembers the names of the soldiers who arrested Jesus, or the civil servants who organised his crucifixion. But Judas Iscariot has not been forgotten, and will forever be associated with treachery and...

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Economy

Japan's Service Sector Expands for Third Month Amid Strong Export Demand

Japans service industry continued to grow in January, supported by a rebound in export demand across Asia, according to the latest au Jibun Bank Services PMI report by SP Global Market Intelligence. The index rose to 53.0...

Trump's Bold Moves: A New Era in U.S. Foreign Policy

Trumps Bold Moves: A New Era in U.S. Foreign Policy Overview of Trumps Speech and Iran Policy On February 4, 2025, President Donald Trump delivered an important speech after signing some executive orders in the Oval...

Asian Stocks Rebound as Trump Delays Tariffs on Canada and Mexico

Asian stocks surged on Tuesday after U.S. President Donald Trump postponed planned tariffs on Canada and Mexico, easing immediate trade war concerns. The delay provided a relief rally following Mondays steep declines...

China Hits Back with New Tariffs on U.S. Goods After Trump’s 10% Levy

Chinas finance ministry announced fresh tariffs on U.S. products on Tuesday, responding swiftly to a 10% tariff imposed by President Donald Trump on Chinese imports. The U.S. tariff, which took effect at 0501 GMT, marks...

Trade Truce: Trump Pauses Tariffs as North America Strengthens Borders

+9 Tariff Suspension and Trade Agreements President Donald Trump announced a 30-day tariff halt on imports from Mexico and Canada after successful negotiations. The Mexican president, Claudia Sheinbaum, agreed to...

Politics

Mexico Confident in Deal With U.S. to Avoid Tariffs Amid Border Disputes

Mexican officials expressed optimism about reaching an agreement with the U.S. before threatened tariffs take effect. President Donald Trump delayed imposing 25% tariffs on Mexico and Canada for a month, demanding stronger...

Trump Criticizes U.N., Cuts Engagement with Key Agencies

U.S. President Donald Trump criticized the United Nations, calling it not well run but acknowledging its potential. He urged reforms, stating that the U.N. must improve its role in resolving global conflicts. While he...

Trump Expresses Willingness for Deal with Iran but Stresses Nuclear Restrictions

U.S. President Donald Trump said on Tuesday that he is willing to negotiate a deal with Iran to improve relations but stressed that Tehran must not develop nuclear weapons. Speaking to reporters in Washington, Trump...

Australia Reaffirms Support for Two-State Solution Amid Trump’s Gaza Plan

Australian Prime Minister Anthony Albanese reiterated the countrys unwavering support for a two-state solution in the Middle East following former U.S. President Donald Trumps unexpected announcement of plans to take over...

East Timor Prefers Australia for Greater Sunrise Gas Project Over China

East Timors President Jose Ramos-Horta has confirmed his countrys preference to develop the stalled Greater Sunrise natural gas field with Australia and existing partners Woodside Energy (OTC:WOPEY) and Japans Osaka Gas,...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

DeepSeek AI Gains Momentum as Chinese Tech Giants Rally Behind It

Chinese AI startup DeepSeek is making waves as domestic tech giants, from chipmakers to cloud providers, rally to support its AI models. Companies like Moore Threads and Hygon Information Technology, aiming to compete with...

Former Google Engineer Indicted for Stealing AI Trade Secrets for China

U.S. prosecutors have expanded charges against former Google (NASDAQ: GOOGL) software engineer Linwei Leon Ding, accusing him of stealing AI trade secrets to benefit Chinese companies. The federal grand jury in San...

Honda-Nissan Merger Talks May Be Canceled, Boosting Stock Prices

Honda Motor Co. (TYO:7267) and Nissan Motor Co. (TYO:7201) shares surged on Wednesday after reports suggested they may abandon merger plans. Hondas stock rose 2.9%, while Nissan gained 4.3%. Toyota Motor Corp. (TYO:7203)...

JD Vance to Attend AI Summit in Paris Amid U.S.-China Tech Competition

U.S. Vice President JD Vance is set to attend the Artificial Intelligence (AI) Action (WA:ACT) Summit in Paris next week, according to a French diplomatic source. The visit comes as global competition in AI intensifies,...

Hong Kong Tech Stocks Rally on AI Optimism Despite U.S. Tariffs

Hong Kong-listed Chinese technology stocks surged as optimism over artificial intelligence (AI) advancements from companies like DeepSeek and Alibaba (NYSE:BABA) overshadowed concerns about new U.S. tariffs. DeepSeeks...