Triple
T5544574
| Position | Surface form | Disambiguated ID | Type / Status |
|---|---|---|---|
| Subject | Pareto efficiency |
E145374
|
entity |
| Predicate | relatedConcept |
P37
|
FINISHED |
| Object | first fundamental theorem of welfare economics |
E431737
|
NE FINISHED |
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: first fundamental theorem of welfare economics | Statement: [Pareto efficiency, relatedConcept, first fundamental theorem of welfare economics]
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: first fundamental theorem of welfare economics Context triple: [Pareto efficiency, relatedConcept, first fundamental theorem of welfare economics]
-
A.
First Welfare Theorem
chosen
The First Welfare Theorem is a fundamental result in economics stating that, under certain ideal conditions, competitive market equilibria are Pareto efficient.
-
B.
welfare economics
Welfare economics is a branch of economics that evaluates how the allocation of resources affects social well-being, often using ethical and efficiency criteria to assess and guide public policy.
-
C.
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.
-
D.
The Economics of Welfare
The Economics of Welfare is a foundational 1920 economics treatise by Arthur Cecil Pigou that systematically develops welfare economics and the concept of externalities to analyze the role of government in correcting market failures.
-
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 (3 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_69c008fa64888190adae56c8f9ea4031 |
completed | March 22, 2026, 3:21 p.m. |
| NER | Named-entity recognition | batch_69c01fcad7d88190b83bb4ecb3b34bfd |
completed | March 22, 2026, 4:58 p.m. |
| NED1 | Entity disambiguation (via context triple) | batch_69c02822fb80819087474c37d6dc4d2b |
completed | March 22, 2026, 5:34 p.m. |
Created at: March 22, 2026, 3:35 p.m.