here are a variety of ^{emotional biases} which advisers must be aware of when giving financial advice, and clients must be aware of when taking financial advice.

Required:

1. Conduct research on the types of emotional biases that exist and list these biases.

2. Choose 2 of these biases and explain these in your own words.

Note: You may use internet resources as references, however you must also use academic journals in your research.