Triple

T18134778
Position Surface form Disambiguated ID Type / Status
Subject The Problem of Social Cost E434107 entity
Predicate influencedConcept P9 FINISHED
Object Coase theorem NE NERFINISHED

How this triple was built (2 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: Coase theorem | Statement: [The Problem of Social Cost, influencedConcept, Coase theorem]
NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07
Target entity: Coase theorem
Context triple: [The Problem of Social Cost, influencedConcept, Coase theorem]
  • A. Coase theorem chosen
    The Coase theorem is an economic theory stating that if property rights are well-defined and transaction costs are negligible, private bargaining will lead to an efficient allocation of resources regardless of the initial assignment of rights.
  • B. The Problem of Social Cost
    The Problem of Social Cost is Ronald Coase’s landmark 1960 law-and-economics article that introduced the analysis of externalities and bargaining that underpins what later became known as the Coase theorem.
  • C. Markets and Hierarchies: Analysis and Antitrust Implications
    Markets and Hierarchies: Analysis and Antitrust Implications is a seminal 1975 book in transaction cost economics that examines how firms and markets are structured and the implications of these organizational forms for antitrust policy.
  • D. The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration
    "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration" is a seminal economics paper by Oliver Hart (with co-authors) that develops the property-rights approach to the firm, explaining how ownership and control of assets shape optimal firm boundaries and integration decisions.
  • E. Hicks–Kaldor compensation criterion
    The Hicks–Kaldor compensation criterion is an economic efficiency test stating that a policy change is desirable if those who gain could in principle compensate those who lose and still be better off, regardless of whether compensation actually occurs.
  • F. None of above.
  • G. Unsure - the case is ambiguous/there is not enough information to decide.

Provenance (2 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_69d8b909e8cc81908df4cc2b8ea6d11f completed April 10, 2026, 8:47 a.m.
NER Named-entity recognition batch_69e4de055c608190a090c2737904e5f9 completed April 19, 2026, 1:52 p.m.
Created at: April 10, 2026, 10:29 a.m.