期刊名称：Scientific Annals of the “Alexandru Ioan Cuza” University of Iasi – Economic Sciences Series
印刷版ISSN：2501-1960
电子版ISSN：2501-3165
出版年度：2008
卷号：2008
出版社：Sciendo
摘要：Modern financial economics assumes that we behave with extreme rationality but we do not. Furthermore, our deviations from rationality are often systematic.This paper tries to offer a starting point in the investor’s psychology analyses in the framework of the latest events in the Romanian capi-tal market. The main conclusion is that the two main phenomenon noticed on this market – the “auto-sustainable” downward trend and the tendency for increase in the market intrinsic volatility lead to a mouvement in the investors’ psychology cicle from the enthusiastic position (in the final of 2007) to the fear/panic position in the October 2008.
