INVESTORS ’ TYPES OF BEHAVIOUR DURING CRISIS

Given the present economic situation the subject regarding the propagation mechanisms of financial crisis is of present interest. In these mechanisms, investor behaviour seems to be one of the propagation’s causes, and that’s why we think that the study of inventors ’ types of behaviour during crisis might bring light on this controversial subject. Does any kind of behaviour make a financial market "contaminate " other markets? Sometimes, during crisis, the investors behaviour seems to be unforeseeable. In this article we will analyze how the investors behaviour may influence the power of the financial crisis propagation using the example of the Romanian capital market and we’ll try to identify the types of investor behaviour on this market, the Romanian capital market