Online ISSN 2286-0266
Print ISSN 1223-0685
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Mihai CHIŞU
Academia de Studii Economice din Bucureşti
In order to understand the capital market and the principles underlying its administration, it is necessary to know, on the one hand, the economic and financial models that express its balance and its performance in the context of globalization and, on the other hand, explain, in scientific terms, people’s behaviour regarding money management on this market. In the case of in-depth knowledge of economic and financial models, specific mechanisms and working tools, things seem to be settled when it comes to the theoretical approaches required to achieve the objective radiography of the capital market. At the same time, understanding and explaining investors' behaviour remain desiderates, even though studies in the field of behavioural finance have evolved remarkably in the last decades. Of course, economic and financial theories are nothing but ideal solutions which, in order to demonstrate their validity, must be addressed from the perspective of the instruments used in the fundamental and technical analyses and the results they generate on the capital market.

ŒCONOMICA no. 2/2019
Keywords: behavioural economics, psychology, finance, capital markets, globalization
JEL: D24, G41
The Economic and Psychological Perspective of Investments on Capital Markets in the Context of Globalization