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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.

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...

Europe’s tech industry is lagging behind the US

Mar 06, 2024 23:03 pm UTC| Insights & Views Technology Economy

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven...

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Economy

Asian Stocks Steady, Dollar Flat as Markets Eye Potential Larger Fed Rate Cut

Asian stocks opened cautiously on Monday, with investors closely watching the Federal Reserves upcoming decision on interest rates. Market sentiment shifted toward the possibility of a larger rate cut, with futures...

Bank of Canada Governor Hints at Accelerated Rate Cuts Amid Economic Slowdown Concerns

Bank of Canada Governor Tiff Macklem suggested that interest rate cuts could accelerate due to concerns over the economy and labor market. After maintaining high rates for a year, the bank has reduced rates by 75 basis...

China Faces Economic Slowdown as Experts Call for Urgent Stimulus to Meet Growth Target

Chinas economy showed significant signs of slowing in August, with factory output, consumption, and investment all falling short of expectations. Experts warn that without an aggressive stimulus, the governments 2024...

China’s Industrial Output Growth Hits Five-Month Low, Raising Concerns Over 5% GDP Target

Chinas industrial production expanded at 4.5% in August, marking its slowest growth in five months. The data, released by the National Bureau of Statistics, has placed the countrys annual economic growth target of around...

Japan Leadership Candidates Back Wage Growth, Differ on Strategies for Household Support

As Japans leadership candidates vie for the prime minister position, all contenders agree on continuing wage growth but differ on how to best support households amid rising prices. Some advocate for cash handouts, while...

Politics

Donald Trump Fury: Melania's Husband Claims Joe Biden and Kamala Harris' Rhetoric Is Behind Second Assassination Attempt

In a stunning turn of events, former President Donald Trump has blamed the rhetoric of President Joe Biden and Vice President Kamala Harris for the second assassination attempt he faced in recent months. While the...

Donald Trump Shock: Astrologer Claims Pluto in Aquarius Signals Trouble for Ex-POTUS After Assassination Attempts

As Donald Trump navigates his 2024 presidential campaign, some have turned to astrology to explain the recent turmoil surrounding the former president. Astrologer Jessica Adams has pointed to astrological patterns,...

Is a 2024 Victory in Sight for Donald Trump? New Electoral College Model Gives Trump 312 Votes, Kamala Harris 226

A new electoral college projection, reportedly based on a model developed by Nate Silver, has sparked significant discussion by predicting a decisive victory for Donald Trump in the 2024 U.S. presidential election. The...

'Survivor' Donald Trump Reflects on Assassination Attempts: 'Maybe It's God's Will for Me to Save America'

Donald Trump has addressed the incidents with his trademark mix of bravado and defiance. The former president, who is campaigning for a return to the White House in 2024, hinted that the repeated attempts on his life might...

'Under Dog' Donald Trump Narrows Polling Gap as 2024 Election Tightens, Economic Issues Could Tip the Scale

As the 2024 U.S. presidential race heats up, recent polling data shows that former President Donald Trump is closing the gap against Vice President Kamala Harris. According to FiveThirtyEight, Harris currently holds a...

Science

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

스페이스X, FAA 지연 속 스타십 시험 비행 11월 목표 발표

스페이스X는 미 연방항공청(FAA)의 승인 절차 지연으로 인해 5번째 스타십 시험 비행 목표를 11월로 재설정했다. 이 항공우주 기업은 환경 평가와 규제 문제를 주요 요인으로 꼽으며, 이번 야심 찬 임무가 지연된 이유를...

SpaceX Reveals November Target for Delayed Starship Test Flight Amid FAA Hold-ups

SpaceX has set a new November target for the fifth Starship test flight after significant delays caused by the FAAs licensing process. The aerospace company addressed these delays, citing environmental reviews and...

Technology

Weaker iPhone 16 Demand Hits Apple Stock; Shorter Ship Times Raise Concerns

Apple shares declined by 3% on Monday after analysts reported lower-than-expected demand for the new iPhone 16 Pro models. The shorter global shipping times compared to last years models suggest weaker pre-orders and...

XRP Healthcare Backs Trump for 2024, Shuns Ripple CEO's Support for Harris

XRP Healthcare, a blockchain-based healthcare firm, has endorsed Donald Trump for president, highlighting a growing trend of crypto leaders voicing political support as the 2024 U.S. election approaches. XRP Healthcare...

SEC's 'Politicized Approach' to Crypto Sparks Debate: Ex-Officials Speak Out

In a pivotal hearing on September 18, former SEC commissioner Dan Gallagher and Michael Liftik will address Congress about the SECs politicized approach to crypto regulation, criticizing Chair Gary Genslers enforcement...

Tesla’s Cybertruck Set to Make Its Debut in New Regions as October Deliveries Begin

Teslas much-anticipated Cybertruck is gearing up for its debut in new regions this October. As deliveries expand beyond the U.S., Tesla is preparing to bring its electric pickup to more markets, setting the stage for a...

Ethereum Investor Turns $87K into $38M, Sells 350 ETH for Nearly $1M in 8 Years

An Ethereum investor who purchased 16,636 ETH in 2016 for $87,006 sold 350 tokens for $819,000, achieving a nearly tenfold return. The remaining Ethereum holdings are valued at more than $38 million, highlighting the...