Making Wise Decisions In A Smart World: Responsible Leadership In An Era Of Artificial Intelligence (Student Edition)

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Publisher : World Scientific
ISBN 13 : 981126807X
Total Pages : 398 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Making Wise Decisions In A Smart World: Responsible Leadership In An Era Of Artificial Intelligence (Student Edition) by : Peter Verhezen

Download or read book Making Wise Decisions In A Smart World: Responsible Leadership In An Era Of Artificial Intelligence (Student Edition) written by Peter Verhezen and published by World Scientific. This book was released on 2023-03-07 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good and smart decisions should be distinguished from wise decision-making — especially in the age of artificial intelligence (AI) where algorithms are increasingly used to automate business processes or to augment the accuracy and speed of decisions. This book argues why specific forms of intelligence as well as consciousness and enhanced conscience are crucial to make wise decisions — with consciousness to be clearly distinguished from intelligence. It also addresses why machine learning and smart computers (AI) are plausibly able to make 'smart' (and thus to a certain extent 'intelligent') decisions but definitely unable to help us to become wiser. In essence, optimizing a desired output in a business context will require a balanced approach with cognitive awareness and ethical reflection — synthesizing intuitive and algorithmic thinking — encompassing short-term profit and longer-term envisioning, and aiming to optimize created and captured value for shareholders while taking the concerns of those who have a real stake in the organization seriously. If business is about creating and sharing value in a future that is both 'digital' and 'relational', then innovative technologies like AI will play an increasingly important role. Consequently, mindful executives and their responsible boards therefore need to acknowledge the limitations of AI in business — especially when the uncertain future is estimated to be rather volatile or ambiguous than stable.

Making Wise Decisions in a Smart World

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Publisher : World Scientific Publishing Company
ISBN 13 : 9789811269424
Total Pages : 0 pages
Book Rating : 4.2/5 (694 download)

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Book Synopsis Making Wise Decisions in a Smart World by : Peter Verhezen

Download or read book Making Wise Decisions in a Smart World written by Peter Verhezen and published by World Scientific Publishing Company. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "First book that presents an integrated view on benefits and limitations of artificial intelligence (AI) in a corporate world, and how it relates to the distinction of objective descriptive phenomena versus subjective experiences and prescriptive/normative thinking where AI may help us humans to become smarter but not wiser"--

How to Stay Smart in a Smart World

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Publisher : MIT Press
ISBN 13 : 0262046954
Total Pages : 321 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis How to Stay Smart in a Smart World by : Gerd Gigerenzer

Download or read book How to Stay Smart in a Smart World written by Gerd Gigerenzer and published by MIT Press. This book was released on 2022-08-02 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to stay in charge in a world populated by algorithms that beat us in chess, find us romantic partners, and tell us to “turn right in 500 yards.” Doomsday prophets of technology predict that robots will take over the world, leaving humans behind in the dust. Tech industry boosters think replacing people with software might make the world a better place—while tech industry critics warn darkly about surveillance capitalism. Despite their differing views of the future, they all agree: machines will soon do everything better than humans. In How to Stay Smart in a Smart World, Gerd Gigerenzer shows why that’s not true, and tells us how we can stay in charge in a world populated by algorithms. Machines powered by artificial intelligence are good at some things (playing chess), but not others (life-and-death decisions, or anything involving uncertainty). Gigerenzer explains why algorithms often fail at finding us romantic partners (love is not chess), why self-driving cars fall prey to the Russian Tank Fallacy, and how judges and police rely increasingly on nontransparent “black box” algorithms to predict whether a criminal defendant will reoffend or show up in court. He invokes Black Mirror, considers the privacy paradox (people want privacy, but give their data away), and explains that social media get us hooked by programming intermittent reinforcement in the form of the “like” button. We shouldn’t trust smart technology unconditionally, Gigerenzer tells us, but we shouldn’t fear it unthinkingly, either.

Smart Choices

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Publisher : Harvard Business School Press
ISBN 13 : 9781633691049
Total Pages : 256 pages
Book Rating : 4.6/5 (91 download)

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Book Synopsis Smart Choices by : John S. Hammond

Download or read book Smart Choices written by John S. Hammond and published by Harvard Business School Press. This book was released on 2015-08 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where should I live? Is it time to get a new job? Which job candidate should I hire? What business strategy should I pursue? We spend the majority of our lives making decisions, both big and small. Yet, even though our success is largely determined by the choices that we make, very few of us are equipped with useful decision-making skills. Because of this, we often approach our choices tentatively, or even fearfully, and avoid giving them the time and thought required to put our best foot forward. In Smart Choices, John Hammond, Ralph Keeney, and Howard Raiffa--experts with over 100 years of experience resolving complex decision problems--offer a proven, straightforward, and flexible roadmap for making better and more impactful decisions, and offer the tools to achieve your goals in every aspect of your life. Their step-by-step, divide-and conquer approach will teach you how to: * Evaluate your plans * Break your potential decision into its key elements * Identify the key drivers that are most relevant to your goals * Apply systematic thinking * Use the right information to make the smartest choice Smart Choices doesn’t tell you what to decide; it tells you how. As you routinely use the process, you’ll become more confident in your ability to make decisions at work and at home. And, more importantly, by applying its time-tested methods, you’ll make better decisions going forward. Be proactive. Don’t wait until a decision is forced on you--or made for you. Seek out decisions that advance your long-term goals, values, and beliefs. Take charge of your life by making Smart Choices a lifetime habit.

Risk Savvy

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Publisher : Penguin UK
ISBN 13 : 0141970111
Total Pages : 336 pages
Book Rating : 4.1/5 (419 download)

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Book Synopsis Risk Savvy by : Gerd Gigerenzer

Download or read book Risk Savvy written by Gerd Gigerenzer and published by Penguin UK. This book was released on 2014-04-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fascinating, practical guide to making better decisions with our money, health and personal lives from Gerd Gigerenzer, the author of Reckoning with Risk. Risk-taking is essential for innovation, fun, and the courage to face the uncertainties in life. Yet for many important decisions, we're often presented with statistics and probabilities that we don't really understand and we inevitably rely on experts in the relevant fields - policy makers, financial advisors, doctors - to analyse and choose for us. But what if they don't quite understand the way the information is presented either? How do we make sure we're asking doctors the right questions about proposed treatment? Is there a rule of thumb that could help choose the right partner? This entertaining book shows us how to recognize when we don't have all the information and know what to do about it. Gerd Gigerenzer looks at examples from every aspect of life to identify the reasons for our collective misunderstanding of the risks we face. He shows how we can all use simple rules to avoid being manipulated into unrealistic fears or hopes, to make better-informed decisions, and to learn to understand risk and uncertainty in our own lives. 'Gigerenzer is brilliant and his topic is fabulous' Steven Pinker 'Catchily optimistic and slyly funny' Guardian Gerd Gigerenzer is Director of the Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development in Berlin and former Professor of Psychology at the University of Chicago. He is the author of several books on heuristics and decision making, including Reckoning with Risk.

Wise Decisions

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Publisher : John Wiley & Sons
ISBN 13 : 1119931401
Total Pages : 246 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Wise Decisions by : James E. Loehr

Download or read book Wise Decisions written by James E. Loehr and published by John Wiley & Sons. This book was released on 2022-12-08 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concrete and hands-on method for improving your everyday decisions Every 15 minutes, each of us can make ten or more small decisions. Some of them are relatively inconsequential, while others can change the course of our lives. What if you could improve all of your decisions, across the board, and start to build a healthier, more productive, and meaningful life? In Wise Decisions: A Science-Based Approach to Making Better Choices, a team of accomplished industry experts delivers an evidence- and research-based blueprint for making the best decisions you can with the information you have. You’ll learn to make the targeted, repeated investment of energy required to turn your decision-making process into one informed by reason, emotion, intuition, and science. In the book, you’ll discover: How to put the decision-making process under a microscope and learn what makes a decision truly wise Ways to help children, teens, and families make wise decisions How to train yourself to make wise decisions with voice training and other strategies A can’t-miss resource for parents, teachers, coaches, managers, executives, and other business leaders, Wise Decisions also offers timeless advice and guidance for anyone else hoping to improve the decision-making abilities of the people close to them.

The Great Mental Models, Volume 1

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Publisher : Penguin
ISBN 13 : 0593719972
Total Pages : 209 pages
Book Rating : 4.5/5 (937 download)

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Book Synopsis The Great Mental Models, Volume 1 by : Shane Parrish

Download or read book The Great Mental Models, Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.

Give Yourself a Nudge

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Publisher : Cambridge University Press
ISBN 13 : 1108803989
Total Pages : 279 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Give Yourself a Nudge by : Ralph L. Keeney

Download or read book Give Yourself a Nudge written by Ralph L. Keeney and published by Cambridge University Press. This book was released on 2020-04-23 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best way to improve your quality of life is through the decisions you make. This book teaches several fundamental decision-making skills, provides numerous applications and examples, and ultimately nudges you toward smarter decisions. These nudges frame more desirable decisions for you to face by identifying the objectives for your decisions and generating superior alternatives to those initially considered. All of the nudges are based on psychology and behavioral economics research and are accessible to all readers. The new concept of a decision opportunity is introduced, which involves creating a decision that you desire to face. Solving a decision opportunity improves your life, whereas resolving a decision problem only restores the quality of your life to that before the decision problem occurred. We all can improve our decision-making and reap the better quality of life that results. This book shows you how.

Simple Heuristics that Make Us Smart

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Publisher : Oxford University Press
ISBN 13 : 0190286768
Total Pages : 432 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis Simple Heuristics that Make Us Smart by : Gerd Gigerenzer

Download or read book Simple Heuristics that Make Us Smart written by Gerd Gigerenzer and published by Oxford University Press. This book was released on 2000-10-12 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simple Heuristics That Make Us Smart invites readers to embark on a new journey into a land of rationality that differs from the familiar territory of cognitive science and economics. Traditional views of rationality tend to see decision makers as possessing superhuman powers of reason, limitless knowledge, and all of eternity in which to ponder choices. To understand decisions in the real world, we need a different, more psychologically plausible notion of rationality, and this book provides it. It is about fast and frugal heuristics--simple rules for making decisions when time is pressing and deep thought an unaffordable luxury. These heuristics can enable both living organisms and artificial systems to make smart choices, classifications, and predictions by employing bounded rationality. But when and how can such fast and frugal heuristics work? Can judgments based simply on one good reason be as accurate as those based on many reasons? Could less knowledge even lead to systematically better predictions than more knowledge? Simple Heuristics explores these questions, developing computational models of heuristics and testing them through experiments and analyses. It shows how fast and frugal heuristics can produce adaptive decisions in situations as varied as choosing a mate, dividing resources among offspring, predicting high school drop out rates, and playing the stock market. As an interdisciplinary work that is both useful and engaging, this book will appeal to a wide audience. It is ideal for researchers in cognitive psychology, evolutionary psychology, and cognitive science, as well as in economics and artificial intelligence. It will also inspire anyone interested in simply making good decisions.

Smart Decisions

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Publisher : Springer
ISBN 13 : 1137537000
Total Pages : 197 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Smart Decisions by : Thomas N. Martin

Download or read book Smart Decisions written by Thomas N. Martin and published by Springer. This book was released on 2016-04-29 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's world is complex and getting more so each day. Huge multinational corporations, international crisis and fast breaking events require most people to make decisions on a daily basis without the tools to understand the long term impact that today's decision might create. Because most people have never really been trained in how to make important complex decisions most people rely on experience, and 'gut reaction' which is okay for many decisions, but not okay for decision that will have meaningful impact on organizations and individual. Decision makers need to develop the art and science of strategic decision making. Here, Professor Thomas Martin explains the need for decision makers to modify their thinking about how they deal with acquiring and analyzing information in each of the decision-making process steps. This approach requiring thinking modification will lengthen the process, make it more complex, and to some more arduous, but the comprehensiveness of the new thinking approach should lead to improved and more effective decision making. In this book, Dr. Martin presents a thinking modification framework that asserts that in the decision-making process, there are three situational states — a current state, future state, and a transitional state that one must deliberate in finding a solution. For each of these situational states, Martin develops an identical five-step process to determine the best decision to make. The steps of this process include: • Change-Needing Situational Analysis • Challenge Framing & Causal Analysis • Generating Solution Ideas • Choosing a Solution Set • Implementation and Aftermath Planning This book will appeal to decision makers, leaders, and students of management who want a specific framework that details the process behind making strategic, well-informed decisions.

Eyes Wide Open

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Publisher : Harper Collins
ISBN 13 : 0062268635
Total Pages : 249 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis Eyes Wide Open by : Noreena Hertz

Download or read book Eyes Wide Open written by Noreena Hertz and published by Harper Collins. This book was released on 2013-09-24 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eyes Wide Open: How to Make Smart Decisions in a Confusing World is Noreena Hertz’s practical, cutting-edge guide to help you cut through the data deluge and make smarter and better choices, based on her highly popular TED talk. In this eye-opening handbook, the internationally noted speaker, economics expert, and bestselling author of IOU: The Debt Threat and Silent Takeover reveals the extent to which the biggest decisions in our lives are often made on the basis of flawed information, weak assumptions, corrupted data, insufficient scrutiny of others, and a lack of self-knowledge. To avert such disasters, Hertz persuasively argues, we need to become empowered decision-makers, capable of making high-stakes choices and holding accountable those who advise us. In Eyes Wide Open, she weaves together scientific research with real-world examples from Hollywood to Harry Potter, NASA to World War Two spies, to construct a path to more astute and empowered decision-making in ten clear steps. With a razor-sharp intellect and an instinct for popular storytelling, she offers counter-intuitive, actionable guidance for making better choices—whether you are a business-person, a professional, a patient, or a parent.

HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony)

Download HBR's 10 Must Reads on Making Smart Decisions (with featured article

Author :
Publisher : Harvard Business Press
ISBN 13 : 1422191435
Total Pages : 194 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony) by : Harvard Business Review

Download or read book HBR's 10 Must Reads on Making Smart Decisions (with featured article "Before You Make That Big Decision..." by Daniel Kahneman, Dan Lovallo, and Olivier Sibony) written by Harvard Business Review and published by Harvard Business Press. This book was released on 2013-03-05 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn why bad decisions happen to good managers—and how to make better ones. If you read nothing else on decision making, read these 10 articles. We’ve combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you and your organization make better choices and avoid common traps. Leading experts such as Ram Charan, Michael Mankins, and Thomas Davenport provide the insights and advice you need to: Make bold decisions that challenge the status quo Support your decisions with diverse data Evaluate risks and benefits with equal rigor Check for faulty cause-and-effect reasoning Test your decisions with experiments Foster and address constructive criticism Defeat indecisiveness with clear accountability

Research Handbook on Organisational Integrity

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Publisher : Edward Elgar Publishing
ISBN 13 : 1803927933
Total Pages : 647 pages
Book Rating : 4.8/5 (39 download)

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Book Synopsis Research Handbook on Organisational Integrity by : Muel Kaptein

Download or read book Research Handbook on Organisational Integrity written by Muel Kaptein and published by Edward Elgar Publishing. This book was released on 2024-02-12 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ground-breaking Research Handbook showcases the value, uniqueness, versatility, and holistic character of organisational integrity. Bringing together diverse perspectives from a wide range of expert contributors, it not only provides a comprehensive overview of the current state of the field, but also charts exciting new directions for future research.

Smart Economic Decision-Making in a Complex World

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Publisher : Academic Press
ISBN 13 : 0128131780
Total Pages : 302 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Smart Economic Decision-Making in a Complex World by : Morris Altman

Download or read book Smart Economic Decision-Making in a Complex World written by Morris Altman and published by Academic Press. This book was released on 2020-05-22 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart Economic Decision-Making in a Complex World is a fresh and reality-based perspective on decision-making with significant implications for analysis, self-understanding and policy. The book examines the conditions under which smart people generate outcomes that improve their place of work, their household and society. Within this work, the curious reader will find interesting open questions on many fascinating areas of current economic debate, including, the role of realistic assumptions robust model building, understanding how and when non-neoclassical behavior is best practice, why the assumption of smart decision-makers is best to understand and explain our economies and societies, and under what conditions individuals can make the best possible choices for themselves and society at large. Additional sections cover when and how efficiency is achieved, why inefficiencies can persist, when and how consumer welfare is maximized, and what benchmarks should be used to determine efficiency and rationality. Makes the case for ‘smart and rational’ decision-making as a context-dependent rational process that is framed by socio-cultural environment and conditioned by institutional capacities Explains how incorporation of the ‘smart’ decision-maker concept into economic thought improves our understanding of how, why and when people generate certain outcomes Explores how economic efficiency can be achieved, individual preferences realized, and social welfare maximized through the use of ‘smart and rational’ approaches

The Importance of Wise Decisions

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Author :
Publisher : iUniverse
ISBN 13 : 1532021550
Total Pages : 103 pages
Book Rating : 4.5/5 (32 download)

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Book Synopsis The Importance of Wise Decisions by : Robert Ackerman

Download or read book The Importance of Wise Decisions written by Robert Ackerman and published by iUniverse. This book was released on 2017-06-23 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Importance of Wise Decisions has a great lesson for the reader starting with the title in Robert Ackerman, and J. Ibeh Agbanyims new book. Decisions simply are the process of deciding between different paths of possible courses of action. Buy the book, read it, and it will teach you the importance of making the right decisions. Don M. Green, Executive Director, Napoleon Hill Foundation This is a book full of solid, essential advice. Foreword Clarion Review Decision-making is inevitable in life. Whether we like it or not, we make decisions on a daily basis. The results of some are subtle, while others have pronounced effects. Either way, our decisions have consequences. Even when we decide not to make any decision, we have just made one by not deciding. In The Importance of Wise Decisions, authors Robert Ackerman and J. Ibeh Agbanyim outline steps on how to be conscious of our decision-making. They offer a collection of real-life examples and explore how they permeate the world of work and relationships. You can learn how to make healthy decisions, embrace leader humility, and promote shared leadership through decision-making. Faulty decisions might lead to making poor judgments that reverberate throughout our lives. Our decision-making abilities determine our course of action personally, at work, in our interactions with people, and our relationships. This guide provides a practical approach to improving the quality of decision-making and thereby succeeding in every area of life.

The Little Black Book of Decision Making

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0857087029
Total Pages : 256 pages
Book Rating : 4.8/5 (57 download)

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Book Synopsis The Little Black Book of Decision Making by : Michael Nicholas

Download or read book The Little Black Book of Decision Making written by Michael Nicholas and published by John Wiley & Sons. This book was released on 2017-08-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The secret to making the right call in an increasingly complex world The decisions we make every day – frequently automatic and incredibly fast – impact every area of our lives. The Little Black Book of Decision Making delves into the cognition behind decision making, guiding you through the different ways your mind approaches various scenarios. You'll learn to notice that decision making is a matter of balance between your rational side and your intuition – the trick is in honing your intuition to steer you down the right path. Pure reasoning cannot provide all of the answers, and relying solely on intuition could prove catastrophic in business. There must be a balance between the two, and the proportions may change with each situation. This book helps you quickly pinpoint the right mix of logic and 'gut feeling,' and use it to find the best possible solution. Balance logic and intuition in your decision making approach Avoid traps set by the mind's inherent bias Understand the cognitive process of decision making Sharpen your professional judgement in any situation Decision making is the primary difference between organisations that lead and those that struggle. The Little Black Book of Decision Making helps you uncover errors in thinking before they become errors in judgement.

Harnessing the Internet of Things (IoT) for a Hyper-Connected Smart World

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Author :
Publisher : CRC Press
ISBN 13 : 1000565734
Total Pages : 352 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Harnessing the Internet of Things (IoT) for a Hyper-Connected Smart World by : Indu Bala

Download or read book Harnessing the Internet of Things (IoT) for a Hyper-Connected Smart World written by Indu Bala and published by CRC Press. This book was released on 2022-10-06 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Showcasing the diverse ways that IoT can be employed for improvement in many areas of contemporary life, this new volume explores a multitude of IoT applications that provide advanced solutions for real-world problems. The selection of topics includes network on chip as the new paradigm for system on chip integration for maintaining high performance for IoT applications; new router designs to increase speed; and the challenges of wireless underground sensor networks, which have a wide range of applications in military, underground sensing, testing soil traits and moisture content, pollution control and location detection, security, and detection of natural calamities. Various state-of-the-art techniques such as optimization schemes, blockchain, machine learning, orthogonal frequency division multiplexing, etc., are also discussed in the context of cognitive IoT. The volume considers the uses of IoT in agriculture, discussing challenges along with solutions with the help of the latest technical smart tools to uplift the farming community, specifically IoT applications for information gathering to improve yield productivity, food and crop quality and sustainability, monitoring toxic substances and soil properties, etc. The book also covers a broad spectrum of IoT applications in the educational industry along with the challenges associated with them and how to facilitate the use of smart classroom technology. A chapter on IoT in the healthcare industry presents an IoT-based GPS-enabled smart jacket design to monitor heart rate, sugar level, blood pressure, fever, and stress level. The authors also present an IoT-based Peltier air conditioner design that overcomes the limitations of existing HVAC framework, a review of various energy harvesting techniques to generate electrical power from non-conventional power sources with their merits and demerits, and much more.