Triple

T11961510
Position Surface form Disambiguated ID Type / Status
Subject Robert C. Merton E284678 entity
Predicate notableIdea P4 FINISHED
Object intertemporal capital asset pricing model
The intertemporal capital asset pricing model is a financial theory that extends the traditional CAPM by allowing investors to hedge against changes in investment opportunities over multiple time periods.
E956281 NE FINISHED

How this triple was built (4 steps)

Every LLM step that produced this triple, in pipeline order — named-entity classification, the disambiguation choices (the exact options shown, with the pick highlighted), and the generated description. The batch + timestamp of each is in the Provenance table below.

NER Named-entity recognition gpt-5-mini
Instruction
Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).
Input
Phrase: intertemporal capital asset pricing model | Statement: [Robert C. Merton, notableIdea, intertemporal capital asset pricing model]
NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07
Target entity: intertemporal capital asset pricing model
Context triple: [Robert C. Merton, notableIdea, intertemporal capital asset pricing model]
  • A. Lucas asset pricing model
    The Lucas asset pricing model is a foundational rational expectations framework in macro-finance that explains asset prices through representative-agent intertemporal consumption choices under uncertainty.
  • B. Fisherian intertemporal choice theory
    Fisherian intertemporal choice theory is an economic framework, developed by Irving Fisher, that explains how rational individuals allocate consumption and savings over time to maximize lifetime utility given their income, preferences, and interest rates.
  • C. Fisher separation theorem
    The Fisher separation theorem is a foundational result in financial economics stating that a firm's investment decision can be made independently of its owners' consumption preferences, focusing solely on maximizing the present value of the firm.
  • D. Ramsey–Cass–Koopmans model
    The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
  • E. The Equity Premium in Retrospect
    "The Equity Premium in Retrospect" is a highly influential paper by John Cochrane that surveys and analyzes the historical equity premium puzzle and its implications for asset pricing theory.
  • F. None of above. chosen
  • G. Unsure - the case is ambiguous/there is not enough information to decide.
NEDg Description generation gpt-5.1
Instruction
Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"
Input
Entity: intertemporal capital asset pricing model
Triple: [Robert C. Merton, notableIdea, intertemporal capital asset pricing model]
Generated description
The intertemporal capital asset pricing model is a financial theory that extends the traditional CAPM by allowing investors to hedge against changes in investment opportunities over multiple time periods.
NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07
Target entity: intertemporal capital asset pricing model
Target entity description: The intertemporal capital asset pricing model is a financial theory that extends the traditional CAPM by allowing investors to hedge against changes in investment opportunities over multiple time periods.
  • A. Lucas asset pricing model
    The Lucas asset pricing model is a foundational rational expectations framework in macro-finance that explains asset prices through representative-agent intertemporal consumption choices under uncertainty.
  • B. Fisherian intertemporal choice theory
    Fisherian intertemporal choice theory is an economic framework, developed by Irving Fisher, that explains how rational individuals allocate consumption and savings over time to maximize lifetime utility given their income, preferences, and interest rates.
  • C. Fisher separation theorem
    The Fisher separation theorem is a foundational result in financial economics stating that a firm's investment decision can be made independently of its owners' consumption preferences, focusing solely on maximizing the present value of the firm.
  • D. Ramsey–Cass–Koopmans model
    The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
  • E. The Equity Premium in Retrospect
    "The Equity Premium in Retrospect" is a highly influential paper by John Cochrane that surveys and analyzes the historical equity premium puzzle and its implications for asset pricing theory.
  • F. None of above. chosen

Provenance (5 batches)

The batch behind each pipeline step, in order, with when it ran. Timestamps are batch-level — stages were processed in waves, so the object chain (NER → NED1 → NEDg → NED2) reads in order, but predicate / elicitation batches can sit in a different wave.

Step Stage Batch ID Status When
creating Elicitation batch_69d6ab2eaeb881909f7914758f859413 completed April 8, 2026, 7:23 p.m.
NER Named-entity recognition batch_69d9037848f481908276716675464464 completed April 10, 2026, 2:04 p.m.
NED1 Entity disambiguation (via context triple) batch_69f4592fa9a48190a0450e3d0c57c4d3 completed May 1, 2026, 7:41 a.m.
NEDg Description generation batch_69f4645ef63881909b46937f73d637a3 completed May 1, 2026, 8:29 a.m.
NED2 Entity disambiguation (via description) batch_69f465be4db08190882898a17d077019 completed May 1, 2026, 8:35 a.m.
Created at: April 8, 2026, 9:45 p.m.