Romanian Abstract: Această lucrare aduce în atenţie caracteristicile domeniului finanţelor comportamentale. Vom discuta despre posibilitatea de a utiliza metode ale psihologiei cognitive pentru a înţelege dimensiunea iraţională a deciziilor financiare. Vom aborda, de asemenea, procesele...

Market economy is characterized at a time, among others, by the existence of twopartners, so that one has some money, a certain amount of capital, and one needs money. The first has money and wants to capitalize on them as possible, and the second wants to enter into possession of a capital base...

From the multitude of variations of capital investment on the capital market, this work cuts two of them namely capital investments in options contracts and capital investments in straddle contracts. A distinct place it occupies in the paper presentation of the operating mechanisms of the two...

Romanian Abstract: Lucrarea de faţă abordează tematica arbitrajului preţurilor dezvoltată de către Stephen A. Ross (1976), care porneşte de la premiza că valorile mobiliare subevaluate pot fi revândute pe o altă piaţă în ideea de a profita în urma diferenţei de preţ, această...

The scope of the present paper is to point out the general relevant European policy initiatives designed to sustain financial integration within the Economic and Monetary Union((EMU) member states. We structured our research on two chapters, as follows: the first one studies the main barriers...

The aim of the present paper is to highlight the degree of European stock market integration. We structured our research on two sections obeying the following order: the first one presents some considerations of the academic literature studying the field and the second analyses the main...

Abstract. The scope of this paper is to analyze the developments of European bond market integration in the context of the Economic and Monetary Union. We structured our research on sections that present the euro implications for the bond markets integration, the actual stage of the considered...

The main aim of this paper is to emphasize the fact that the economic crisis are common phenomena. We aim to prove that these phenomena are not so unpredictable and surprising as some economists claim nowadays. We are trying to identify and disclose the pattern of a typical period of economic...

Investment companies are exploring the best opportunities on financial markets for financial instruments transactions in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to be one of the most efficient methods to increase the...

This paper studies the particularities of portfolio selection on the Romanian stock market using the risk-return maximization criteria introduced by Harry Markowitz (1952). We used daily prices for the 36 most liquid companies traded on Bucharest Stock Exchange during January 2010 – March 2012...