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Introduction:

Decision-making is a crucial aspect of everyday life, as individuals are constantly faced with choices that can have significant implications on their lives. However, research has shown that decision-making processes are often influenced by cognitive biases, which are systematic errors in thinking that can lead to irrational decision-making. Understanding the role of cognitive biases in decision-making processes is essential for improving the quality of decisions made by individuals and organizations.

Chapter 1: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Overview of cognitive biases in decision-making
2.2 Confirmation bias
2.3 Anchoring bias
2.4 Availability heuristic
2.5 Overconfidence bias
2.6 Framing effect
2.7 Sunk cost fallacy
2.8 Status quo bias
2.9 Endowment effect
2.10 Groupthink

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Sampling technique
3.4 Data analysis procedures
3.5 Ethical considerations
3.6 Validity and reliability
3.7 Research limitations
3.8 Research implications

Chapter 4: Discussion of Findings
4.1 Overview of research findings
4.2 Analysis of cognitive biases in decision-making
4.3 Impact of cognitive biases on decision outcomes
4.4 Strategies to mitigate cognitive biases
4.5 Comparison with existing literature
4.6 Implications for practice
4.7 Future research directions

Chapter 5: Conclusion and Summary
5.1 Summary of key findings
5.2 Implications for decision-making processes
5.3 Recommendations for practitioners
5.4 Contributions to the field
5.5 Limitations and future research

Thesis Overview on Assessing the Role of Cognitive Biases in Decision-Making Processes:

The process of decision-making is an essential aspect of human life, as individuals are constantly faced with choices that can have a significant impact on their lives. However, research has shown that decision-making processes are often influenced by cognitive biases, which are systematic errors in thinking that can lead to irrational decision-making. This thesis aims to assess the role of cognitive biases in decision-making processes, with a focus on identifying common biases and their impact on decision outcomes.

In Chapter 1, the introduction lays the foundation for the study by providing an overview of the research topic, background information, problem statement, objectives, limitations, scope, significance, structure, and definition of key terms. Chapter 2 reviews the existing literature on cognitive biases in decision-making, discussing various biases such as confirmation bias, anchoring bias, availability heuristic, overconfidence bias, framing effect, sunk cost fallacy, status quo bias, endowment effect, and groupthink.

Chapter 3 outlines the research methodology, including research design, data collection methods, sampling technique, data analysis procedures, ethical considerations, validity and reliability, research limitations, and implications. Chapter 4 presents a detailed discussion of the research findings, analyzing the impact of cognitive biases on decision outcomes, strategies to mitigate biases, comparison with existing literature, implications for practice, and future research directions.

Lastly, Chapter 5 provides a conclusion and summary of the thesis, summarizing key findings, discussing implications for decision-making processes, offering recommendations for practitioners, highlighting contributions to the field, addressing limitations, and suggesting areas for future research. Overall, this thesis aims to contribute to the understanding of cognitive biases in decision-making processes and provide valuable insights for individuals and organizations seeking to improve their decision-making practices.

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