First I will get a link to Saueressig's paper because it challenges Reuter's findings (making it of special interest). My impression is Saueressig is young and extremely smart. he is at Utrecht ('t Hooft's ITP same place as Renate Loll)
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Oh wait, I just ran across Percacci's review, so I will list that.
http://arxiv.org/abs/0709.3851
Asymptotic Safety
R. Percacci
To appear in "Approaches to Quantum Gravity: Towards a New Understanding of Space, Time and Matter", ed. D. Oriti, Cambridge University Press
(Submitted on 24 Sep 2007)
"Asymptotic safety is a set of conditions, based on the existence of a nontrivial fixed point for the renormalization group flow, which would make a quantum field theory consistent up to arbitrarily high energies. After introducing the basic ideas of this approach, I review the present evidence in favor of an asymptotically safe quantum field theory of gravity".
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I also found a recent Reuter-Saueressig collaboration
http://arxiv.org/abs/0708.1317
Functional Renormalization Group Equations, Asymptotic Safety, and Quantum Einstein Gravity
Martin Reuter, Frank Saueressig
Based on lectures given by M.R. at the 'First Quantum Geometry and Quantum Gravity School', Zakopane, Poland, March 2007, and the 'Summer School on Geometric and Topological Methods for Quantum Field Theory', Villa de Leyva, Colombia, July 2007, and by F.S. at NIKHEF, Amsterdam, The Netherlands, June 2006
(Submitted on 9 Aug 2007)
"These lecture notes provide a pedagogical introduction to a specific continuum implementation of the Wilsonian renormalization group, the effective average action. Its general properties and, in particular, its functional renormalization group equation are explained in a simple scalar setting. The approach is then applied to Quantum Einstein Gravity (QEG). The possibility of constructing a fundamental theory of quantum gravity in the framework of Asymptotic Safety is discussed and the supporting evidence is summarized."
As a sample, here are Saueressig papers from the past year
http://arxiv.org/find/grp_physics/1/au:+Saueressig/0/1/0/past/0/1
1. arXiv:0712.0445 [ps, pdf, other]
Title:
On the renormalization group flow of f(R)-gravity
Authors: Pedro F. Machado, Frank Saueressig
Comments: 55 pages, 7 figures
2. arXiv:0710.4931 [ps, pdf, other]
Title:
Recent results in four-dimensional non-perturbative string theory
Authors: Frank Saueressig
Comments: 7 pages, to appear in the proceedings of the European Physical Society HEP 2007 Conference, 19-25 July 2007, Manchester, England
3. arXiv:0708.1317 [ps, pdf, other]
Title: Functional Renormalization Group Equations, Asymptotic Safety, and Quantum Einstein Gravity
Authors: Martin Reuter, Frank Saueressig
Comments: Based on lectures given by M.R. at the ``First Quantum Geometry and Quantum Gravity School'', Zakopane, Poland, March 2007, and the ``Summer School on Geometric and Topological Methods for Quantum Field Theory'', Villa de Leyva, Colombia, July 2007, and by F.S. at NIKHEF, Amsterdam, The Netherlands, June 2006
4. arXiv:0707.0838 [ps, pdf, other]
Title: Membrane instantons from mirror symmetry
Authors: Daniel Robles-Llana, Frank Saueressig, Ulrich Theis, Stefan Vandoren
Comments: 24 pages, 2 figures
5. arXiv:0704.2229 [ps, pdf, other]
Title: Conifold singularities, resumming instantons and non-perturbative mirror symmetry
Authors: Frank Saueressig, Stefan Vandoren
Comments: 14 pages, 1 figure
You can see he has chosen to do both string and nonstring QG research. Interesting guy.
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HERE'S the paper that I think calls some finding of Reuter into question (but the issue is not yet resolved)
http://arxiv.org/abs/0712.0445
On the renormalization group flow of f(R)-gravity
Pedro F. Machado, Frank Saueressig
55 pages, 7 figures
(Submitted on 4 Dec 2007)
"We use the functional renormalization group equation for quantum gravity to construct a non-perturbative flow equation for modified gravity theories of the form S = \int d^dx \sqrt{g} f(R). Based on this equation we show that certain gravitational interactions monomials can be consistently decoupled from the renormalization group (RG) flow and reproduce recent results on the asymptotic safety conjecture. The non-perturbative RG flow of non-local extensions of the Einstein-Hilbert truncation including \int d^dx \sqrt{g} \ln(R) and \int d^dx \sqrt{g} R^{-n} interactions is investigated in detail. The inclusion of such interactions resolves the infrared singularities plaguing the RG trajectories with positive cosmological constant in previous truncations. In particular, in some R^{-n}-truncations all physical trajectories emanate from a Non-Gaussian (UV) fixed point and are well-defined on all RG scales. The RG flow of the \ln(R)-truncation contains an infrared attractor which drives a positive cosmological constant to zero, thereby providing a dynamical explanation of the tiny value of Lambda observed today."