Triple

T4587079
Position Surface form Disambiguated ID Type / Status
Subject Ronald Coase E103392 entity
Predicate influenced P9 FINISHED
Object new institutional economics
New institutional economics is a school of economic thought that extends neoclassical economics by emphasizing the role of institutions, transaction costs, and property rights in shaping economic behavior and outcomes.
 E455288 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: new institutional economics | Statement: [Ronald Coase, influenced, new institutional economics]
NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07 
Target entity: new institutional economics
Context triple: [Ronald Coase, influenced, new institutional economics]
  • A. neoclassical economics
    Neoclassical economics is a dominant school of economic thought that explains prices, output, and income distribution primarily through marginal analysis, individual rational choice, and market equilibrium.
  • B. behavioral theory of the firm
    The behavioral theory of the firm is an organizational and economic framework that explains how companies actually make decisions based on bounded rationality, routines, and internal politics rather than purely profit-maximizing optimization.
  • C. law and economics movement
    The law and economics movement is an intellectual approach to legal theory that applies economic principles and methods—especially those associated with the Chicago School—to analyze and shape laws, legal institutions, and judicial decisions.
  • D. Austrian market process approach
    The Austrian market process approach is an economic framework emphasizing entrepreneurial discovery, dynamic competition, and the role of dispersed knowledge in driving market coordination and change.
  • E. 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.
  • 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: new institutional economics
Triple: [Ronald Coase, influenced, new institutional economics]
Generated description
New institutional economics is a school of economic thought that extends neoclassical economics by emphasizing the role of institutions, transaction costs, and property rights in shaping economic behavior and outcomes.
NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07 
Target entity: new institutional economics
Target entity description: New institutional economics is a school of economic thought that extends neoclassical economics by emphasizing the role of institutions, transaction costs, and property rights in shaping economic behavior and outcomes.
  • A. neoclassical economics
    Neoclassical economics is a dominant school of economic thought that explains prices, output, and income distribution primarily through marginal analysis, individual rational choice, and market equilibrium.
  • B. behavioral theory of the firm
    The behavioral theory of the firm is an organizational and economic framework that explains how companies actually make decisions based on bounded rationality, routines, and internal politics rather than purely profit-maximizing optimization.
  • C. law and economics movement
    The law and economics movement is an intellectual approach to legal theory that applies economic principles and methods—especially those associated with the Chicago School—to analyze and shape laws, legal institutions, and judicial decisions.
  • D. Austrian market process approach
    The Austrian market process approach is an economic framework emphasizing entrepreneurial discovery, dynamic competition, and the role of dispersed knowledge in driving market coordination and change.
  • E. 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.
  • 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_69bd43dccaf08190aa89e9991a289719 completed March 20, 2026, 12:55 p.m.
NER Named-entity recognition batch_69bd591fc20481908d8d4b71d055ae8c completed March 20, 2026, 2:26 p.m.
NED1 Entity disambiguation (via context triple) batch_69bde0b1b014819085543bd297f925c1 completed March 21, 2026, 12:05 a.m.
NEDg Description generation batch_69bde38803748190b560b0cac32be443 completed March 21, 2026, 12:17 a.m.
NED2 Entity disambiguation (via description) batch_69bde419847c8190919ef7f7542ff20f completed March 21, 2026, 12:19 a.m.
Created at: March 20, 2026, 1:11 p.m.