John Davis - How to Avoid Herding in Research

The video features John Davis, a professor of economics, discussing his project on systemic risk and herding behavior in the economics profession. He explores the concept of research bubbles and the sociology of scientific knowledge. The discussion includes the methodology for identifying research bubbles, the influence of prestigious universities, and the role of feedback loops. John also shares his journey from philosophy to economics, emphasizing interdisciplinary research and its importance in fostering new economic thinking.

What role does reflexivity play in the proposed workshop for economists?

In what ways does the financial crisis relate to the research on herding behavior?

What is the connection between philosophy and economics as discussed in the text?

How does the text suggest that interdisciplinary research can benefit economics?