Triple

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).

Phrase: second welfare theorem | Statement: [Walrasian market-clearing framework, relatedConcept, second welfare theorem]

Target entity: second welfare theorem
Context triple: [Walrasian market-clearing framework, relatedConcept, second welfare theorem]

• A. second fundamental theorem of welfare economics chosen
  The second fundamental theorem of welfare economics states that, under certain ideal conditions, any Pareto efficient allocation of resources can be achieved as a competitive market equilibrium given an appropriate redistribution of initial endowments.
• B. First Welfare Theorem
  The First Welfare Theorem is a fundamental result in economics stating that, under certain ideal conditions, competitive market equilibria are Pareto efficient.
• C. Gale–Nikaidō–Debreu theorem
  The Gale–Nikaidō–Debreu theorem is a fundamental result in mathematical economics that provides conditions ensuring the existence (and sometimes uniqueness) of equilibrium in certain nonlinear and general equilibrium models.
• D. Bergson–Samuelson social welfare function
  The Bergson–Samuelson social welfare function is a formal tool in welfare economics that aggregates individual utilities into a single measure of social welfare to evaluate and compare economic states or policies.
• E. Pareto efficiency
  Pareto efficiency is an economic concept describing an allocation of resources where no individual can be made better off without making someone else worse off.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.