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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

Quad Ministers Reaffirm Commitment to Indo-Pacific Cooperation

Australian Foreign Minister Penny Wong emphasized the Quads strong commitment to Indo-Pacific cooperation after meeting her Indian and Japanese counterparts in Washington. She highlighted the significance of the invitation...

Asian Currencies Edge Higher as Dollar Weakens Before Trump Inauguration

Asian currencies rose slightly on Monday as the U.S. dollar weakened ahead of President-elect Donald Trumps inauguration. Markets remained cautious amid concerns about potential trade tariffs on Chinese exports, which...

Bank of Japan Eyes Rate Hike as Trump Era Begins

The Bank of Japan is expected to raise its short-term interest rate to 0.5% this Friday, barring significant market disruptions as U.S. President-elect Donald Trump takes office. This move would mark the first increase...

Trump Plans National Emergency to Expand Energy Production and Policy Control

President-elect Donald Trump plans to declare a national emergency to expand his powers, prioritizing domestic energy production and rolling back climate change policies. The declaration is expected on day one of his...

Oil Prices Steady as Markets Eye Potential Trump Policy Shift on Russia

Oil prices remained stable on Monday as speculation over U.S. President-elect Donald Trump easing energy sanctions on Russia to end the Ukraine conflict offset concerns of supply disruptions due to stricter sanctions....

Politics

Donald Trump to Usher in Second Term with “Revolution of Common Sense”

Donald Trump is set to be sworn in as U.S. President on Monday, marking the start of his second term and a remarkable political comeback. According to the Wall Street Journal, Trump will call for a "revolution of common...

Trump’s Meme Coin $TRUMP Surges to $9 Billion Market Value

Donald Trumps newly launched cryptocurrency, $TRUMP, skyrocketed 73% on Monday, reaching $46.06 during Asian trading hours. The meme coin now boasts a market value of $9.2 billion, with 24-hour trading volume hitting $42.2...

China’s Han Zheng Meets Tesla CEO Elon Musk to Boost U.S.-China Trade Ties

Chinas Vice President Han Zheng met Tesla (NASDAQ:TSLA) CEO Elon Musk and U.S. business leaders on Sunday in Washington D.C., according to Xinhua. Han encouraged Tesla and other American companies to capitalize on Chinas...

Vice President-Elect Vance Holds Key Talks with Chinese Leader Before Swearing-In

U.S. Vice President-elect JD Vance met with Chinese Vice President Han Zheng on Sunday, just one day before he and President-elect Donald Trump are sworn into office. The meeting covered key issues such as fentanyl, trade...

Trump's Second Inauguration: Key Moments and Plans Ahead

Donald Trump begins his second term as U.S. President on Monday, marking a historic political comeback. Chief Justice John Roberts will administer the oath of office at 12 p.m. EST, with the ceremony moved indoors due to...

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

From dead galaxies to mysterious red dots, here’s what the James Webb telescope has found in just 3 years

On this day three years ago, we witnessed the nail-biting launch of the James Webb Space Telescope (JWST), the largest and most powerful telescope humans have ever sent into space. It took 30 years to build, but in three...

Technology

U.S. TikTok Users Celebrate Return but Worry About Future Changes

On Saturday night, millions of American TikTok users faced an unexpected notice: their favorite app had been banned. The shutdown lasted less than 24 hours, ending when President-elect Donald Trump announced plans to...

TSMC Confident in U.S. Funding Under Trump Administration

TSMC (NYSE:TSM), the worlds largest contract chipmaker, expects continued U.S. government funding under President Donald Trump, CFO Wendell Huang said in a CNBC interview. TSMC has so far received $1.5 billion of the $6.6...

TikTok Halts Operations in the US, Anticipates Resolution Under Trump

TikTok went offline in the U.S. late Saturday, disappearing from Apple and Google app stores as a law banning the platform takes effect Sunday. Used by 170 million Americans, TikTok cited potential reprieve from...

Oracle Prepares to Shut Down TikTok U.S. Servers Amid Ban

Oracle (NYSE: ORCL), the cloud provider for TikToks U.S. operations, has reportedly instructed staff to prepare for shutting down servers hosting TikToks U.S. data. According to The Information, the shutdown could occur as...

TikTok Ban Delayed? Trump Suggests 90-Day Reprieve

President-elect Donald Trump stated he would most likely grant TikTok a 90-day reprieve from a potential U.S. ban after taking office Monday. The Chinese-owned app, with 170 million American users, faces shutdown Sunday...