Greek Culture After the Financial Crisis and the Covid-19 Crisis An Economic Analysis

This book studies the evolution in human thought, action, and behavior as a

result of the 2008 fi nancial crisis and the Covid-19 crisis. Through the presentation

and analysis of data, as recorded for at least a decade, and using the Greek

economy as a case study, the authors examine the changes in social and human

capital, increasingly risk-averse behavior, and changes in people’s general psyche

and economic action in Greek society and economy.

Part I: The Basics of Cultural Background.- Chapter 1: Introduction.- Chapter 2: Human Needs and Actions.- Chapter 3: Behavioral Identity.- Chapter 4: The Big-Five Personality Characteristics.- Part II: Attitudes and Behaviors.- Chapter 5: Happiness, Life Satisfaction, Health and Political Self-Determination.- Chapter 6: Principles and Beliefs.- Chapter 7: Creativity, Incentives and Attitudes to Life.- Chapter 8: Social Behaviors.- Chapter 9: Voting Intention, Rationalism, Welfare State and Happiness.- Part III: Attitudes on Economic Policy.- Chapter 10 Economy and Economic Policy.- Chapter 11: Public Sector and Investments.- Chapter 12: State, Taxation and State Welfare.- Part IV: Risk Preferences, Loss Aversion and Rationality.- Chapter 13: Rationality and Loss Aversion.- Chapter 14: The Global Preference Survey: Attitudes towards Risk, Positive and Negative Reciprocity and Altruism.- Part IV: Social Behavior Hypothesis.- Chapter 15: ?he Dipoles of Social Behaviors.- Chapter 16: Testing the Basic Social Modernization Theories.

Panagiotis E. Petrakis is Professor in the Department of Economics at National

and Kapodistrian University of Athens, Greece, where he serves as Scientifi c

Department of Economics at National and Kapodistrian University of Athens from

2005 to 2009. He is the author of numerous scientifi c articles and monographs

and has extensive publications in recognized academic journals on economic

development, entrepreneurship, and cultural background.

Kyriaki I. Kafka is Adjunct Lecturer of Economics at the National and Kapodistrian

University of Athens / Department of Economics. She has published books and

Economics, Journal of Business Research and Journal of Innovation and

Knowledge, and her research interests include economic development and

growth, cultural economics, institutional economics, entrepreneurship, and

innovation.

Pantelis C. Kostis is Adjunct Lecturer of Economics at the National and

Kapodistrian University of Athens / Department of Economics and the Hellenic

international academic journals including Journal of Comparative Economics,

Journal of Business Research, Economic Modelling and the Journal of Socio-

Economics. He is also the co-author of several books regarding the European and

the Greek economy, and economic development and growth.

Dionysis G. Valsamis is a Researcher in the Department of Economics at the

National and Kapodistrian University of Athens, Greece. He is the co-author of

include monetary policy, economic growth, and the implementation of economic