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.