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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.

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...

Facebook's new ad-free tier could end annoying consent pop-ups, but it could also put a price on your privacy

Nov 15, 2023 01:44 am UTC| Technology

We have reached a key juncture in the debate about online privacy, following Metas recent decision to offer some users paid-for ad-free access to Facebook and Instagram. The time has come to decide how much we value...

US regulator is suing Amazon – here's what this could mean for your online shopping

Oct 07, 2023 14:20 pm UTC| Law Business

If youre one of the more than 200 million Prime members Amazon claims to have worldwide, youll be well aware of the benefits. Among other things, it gives you access to a video and audio streaming service and free, fast...

Apple has switched from its Lightning connector to USB-C — we explain which is better and why they did it

Sep 18, 2023 05:53 am UTC| Technology

After many years of designing and selling a variety of different cables to power and charge its devices, Apple has slowly switched to USB-C chargers for all of its products. The last device to swap is the iPhone, and it...

Energy crisis: why French households are largely protected from soaring costs while British families struggle

Aug 15, 2022 17:39 pm UTC| Insights & Views Economy

British households are bracing for a winter of massive energy price increases. The average annual bill is forecast to rise above 4,000, which is more than three times what Britons were paying just 12 months ago. French...

Google loses appeal against €2.4 billion fine: tech giants might now have to re-think their entire business models

Nov 13, 2021 07:45 am UTC| Technology

Google is being fined 2.4 billion (2.1 billion) for hindering competition in the EU after a 2017 decision has been upheld on appeal by the general court of the European Union. This is a saga dating back over 15 years, in...

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Economy

Bitcoin Price Surges Amid Trump Election Speculation

Bitcoin Price Rises Amid Election Speculation Bitcoins price saw a modest increase on Thursday, trending toward strong weekly gains fueled by speculation regarding a potential Donald Trump victory in the upcoming...

"UK Retail Sales Defy Expectations with 0.3% Rise in September"

In September 2024, UK retail sales unexpectedly rose by 0.3% from the previous month, contrary to market predictions of a 0.3% decline, according to the Office for National Statistics. Overall Performance:Following a...

China Central Bank Launches 800 Billion Yuan Funding to Boost Stock Market Stability

Chinas Central Bank Initiates 800 Billion Yuan Funding Schemes On Friday, the Peoples Bank of China (PBOC) launched two significant funding schemes, injecting up to 800 billion yuan ($112.38 billion) into the stock...

AB Volvo Reports Larger-than-Expected Drop in Q3 Profit Amid Normalizing Truck Demand

AB Volvo Sees Decreased Profit Amid Demand Normalization Swedish truck maker AB Volvo announced a disappointing third-quarter adjusted operating profit of 14.1 billion crowns ($1.34 billion), down from 19.3 billion...

ECB Rate Cuts Spark Traders' Optimism Amid Economic Uncertainty

ECB Rate Cuts: A Historic Move Traders increased their bets on rapid European Central Bank (ECB) rate cuts after the bank announced its first consecutive cuts in 13 years. On Thursday, the ECB lowered its deposit rate...

Politics

Donald Trump Drops Bombshell: ‘Tim Cook Told Me About Apple’s Billions in EU Fines — I Won’t Let Them Get Away with It’

During a recent appearance on the PBD Podcast, former President Donald Trump revealed a candid conversation he had with Apple CEO Tim Cook regarding the tech giants multi-billion-dollar fines imposed by the European Union....

Donald Trump to Be Interviewed by The Undertaker? WWE Legend Set to Grill Trump on His ‘Biggest Battles Yet!’

Former President Donald Trump is set to make an unexpected appearance on WWE legend The Undertakers podcast, as reported by Daily Mail. This unusual pairing has sparked intrigue across social media, as the two iconic...

Donald Trump Says Ukraine War ‘Should Never Have Started,’ Blames Volodymyr Zelensky for Letting It Happen

In a candid discussion during an appearance on the PBD Podcast on October 17, 2024, former President Donald Trump made controversial comments about the Ukraine conflict. Trump directly blamed Ukrainian President Volodymyr...

Donald Trump ROASTS de Blasio: ‘I Don’t Give a Sh*t If This is Comedy—He Was a Terrible Mayor!’

President Donald Trump pulled no punches at a recent event, taking a sharp jab at former New York City Mayor Bill de Blasio. Trump, known for his blunt style, delivered a harsh critique of de Blasios tenure, causing...

Donald Trump Shocks Audience: ‘I Thought About Skipping Jokes… Nothing Funny About What’s Happening to America!’

During a speech in New York, former President Donald Trump departed from his usual humorous tone, delivering a somber reflection on the state of the nation. I actually thought about not doing jokes tonight. Theres nothing...

Science

Nicotine Pouches Skyrocket in Popularity as Youth Tobacco Use Hits 25-Year Low — ‘This Is the New Trend,’ Experts Warn

Nicotine pouches have surged in popularity across the U.S., while traditional tobacco use has hit its lowest point in 25 years. Public health experts are now grappling with the implications of this emerging trend, as a...

SpaceX Sues California Coastal Commission, Alleging Political Bias Over Falcon 9 Launch Denials

SpaceX has filed a lawsuit against the California Coastal Commission, accusing the agency of political bias in blocking several Falcon 9 launches from Vandenberg Space Force Base. The lawsuit, filed on October 15, comes...

SpaceX Shares Breathtaking Images of Starship Flight 5 Featuring Reentry and Stage Separation

SpaceX has unveiled stunning new images from its Starship Flight 5 test, capturing key moments like booster recovery, stage separation, and plasma engulfing the upper stage during reentry. These high-definition images,...

China's Scientists Reportedly Crack Major Encryption Algorithms Using D-Wave Quantum Computer

In a groundbreaking development, Chinese researchers have reportedly used a D-Wave quantum computer to crack encryption algorithms once thought unbreakable. The breakthrough raises concerns over the future of digital...

Starlink Services to Remain Free in Hurricane-Affected Areas for the Rest of 2024

Elon Musk announced that Starlink services will remain free in regions affected by Hurricanes Helene and Milton for the remainder of 2024. This decision follows Starlinks critical role in providing communication support...

Technology

Meta Fires Employees for Buying Toothpaste! ‘Forget Lunch, These Perks Have Gone Too Far,’ Company Insiders Reveal

Meta, the parent company of Facebook and Instagram, has fired several employees for allegedly abusing the companys perks system by purchasing personal items, including toothpaste, instead of meals. The revelation, reported...

Tesla Launches First Superchargers in Chile, Expanding EV Infrastructure Across South America

Tesla has introduced its first Superchargers in Chile, marking a significant expansion of its EV charging network into South America. The initial stations, equipped with V4 250 kW Superchargers, are now operational in...

Meta Lays Off Employees at Instagram, WhatsApp, and Reality Labs Amid Restructuring

Meta has begun laying off employees across Instagram, WhatsApp, and Reality Labs, according to a report by The Verge. While the exact number of job cuts remains unspecified, Metas spokesperson confirmed that these layoffs...

Budget TV Brand Skywell Shocks Europe with Cheap EV Rival to VW and BYD

A budget TV manufacturer is making a surprising leap into Europes EV market with a new cheap electric hatchback set to rival offerings from VW and BYD. Boasting over 300 miles of range and rapid charging, the newcomer aims...

Cybercab Wireless Charging Speed Teased—Tesla Keeps Fans Guessing After 'We, Robot'

Teslas We, Robot event saw Elon Musk teasing the wireless charging speed of the upcoming Cybercab. Without disclosing specifics, the brief reveal has sparked widespread curiosity and discussions among electric vehicle...