Triple
T13547255
| Position | Surface form | Disambiguated ID | Type / Status |
|---|---|---|---|
| Subject | George A. Akerlof |
E323544
|
entity |
| Predicate | notableWork |
P4
|
FINISHED |
| Object |
The Market for Lemons
The Market for Lemons is a seminal 1970 economics paper that introduced the concept of information asymmetry to explain how quality uncertainty can cause markets to break down.
|
E1046130
|
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: The Market for Lemons | Statement: [George A. Akerlof, notableWork, The Market for Lemons]
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: The Market for Lemons Context triple: [George A. Akerlof, notableWork, The Market for Lemons]
-
A.
A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont)
A Theory of Incentives in Procurement and Regulation is a foundational economics book that develops a rigorous principal–agent framework for designing optimal contracts and regulatory mechanisms in public procurement and regulated industries.
-
B.
The Theory of Industrial Organization
The Theory of Industrial Organization is a foundational economics textbook by Jean Tirole that systematically develops modern industrial organization theory using game-theoretic tools.
-
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.
Walrasian market-clearing framework
The Walrasian market-clearing framework is a general equilibrium model in which perfectly competitive markets continuously adjust prices so that supply equals demand in all markets simultaneously.
-
E.
Rubinstein bargaining model
The Rubinstein bargaining model is a foundational game-theoretic framework that analyzes how two parties reach agreement over time through alternating offers under the influence of impatience and strategic delay.
- 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: The Market for Lemons Triple: [George A. Akerlof, notableWork, The Market for Lemons]
Generated description
The Market for Lemons is a seminal 1970 economics paper that introduced the concept of information asymmetry to explain how quality uncertainty can cause markets to break down.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: The Market for Lemons Target entity description: The Market for Lemons is a seminal 1970 economics paper that introduced the concept of information asymmetry to explain how quality uncertainty can cause markets to break down.
-
A.
A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont)
A Theory of Incentives in Procurement and Regulation is a foundational economics book that develops a rigorous principal–agent framework for designing optimal contracts and regulatory mechanisms in public procurement and regulated industries.
-
B.
The Theory of Industrial Organization
The Theory of Industrial Organization is a foundational economics textbook by Jean Tirole that systematically develops modern industrial organization theory using game-theoretic tools.
-
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.
Walrasian market-clearing framework
The Walrasian market-clearing framework is a general equilibrium model in which perfectly competitive markets continuously adjust prices so that supply equals demand in all markets simultaneously.
-
E.
Rubinstein bargaining model
The Rubinstein bargaining model is a foundational game-theoretic framework that analyzes how two parties reach agreement over time through alternating offers under the influence of impatience and strategic delay.
- 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_69d8076776248190bdf0d4fa1f85a5fc |
completed | April 9, 2026, 8:09 p.m. |
| NER | Named-entity recognition | batch_69dbafdb466881908fb46642dc66849d |
completed | April 12, 2026, 2:44 p.m. |
| NED1 | Entity disambiguation (via context triple) | batch_69f75da2c2008190b43a653a349ea0c7 |
completed | May 3, 2026, 2:37 p.m. |
| NEDg | Description generation | batch_69f75ed5457c819093081c6a22f13c91 |
completed | May 3, 2026, 2:42 p.m. |
| NED2 | Entity disambiguation (via description) | batch_69f75f7e9d2c81909ec5540b34ac97cb |
completed | May 3, 2026, 2:45 p.m. |
Created at: April 9, 2026, 9:45 p.m.