Triple

T9303475
Position Surface form Disambiguated ID Type / Status
Subject James Tobin E223823 entity
Predicate notableWork P4 FINISHED
Object “Liquidity Preference as Behavior Towards Risk”
“Liquidity Preference as Behavior Towards Risk” is a seminal 1958 paper by economist James Tobin that reformulates Keynesian liquidity preference theory using modern portfolio theory to explain money demand as a response to risk and uncertainty.
E790041 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: “Liquidity Preference as Behavior Towards Risk” | Statement: [James Tobin, notableWork, “Liquidity Preference as Behavior Towards Risk”]
NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07
Target entity: “Liquidity Preference as Behavior Towards Risk”
Context triple: [James Tobin, notableWork, “Liquidity Preference as Behavior Towards Risk”]
  • A. “Expectations and the Neutrality of Money”
    “Expectations and the Neutrality of Money” is a seminal economic paper by Robert Lucas Jr. that helped launch the rational expectations revolution by analyzing how anticipated monetary policy affects real economic activity.
  • B. Risk, Uncertainty and Profit
    Risk, Uncertainty and Profit is a foundational 1921 work in economics that distinguishes measurable risk from unmeasurable uncertainty and links entrepreneurial profit to bearing such uncertainty.
  • C. Interest and Prices: Foundations of a Theory of Monetary Policy
    Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
  • D. A Theory of the Consumption Function
    A Theory of the Consumption Function is Milton Friedman’s influential 1957 economics book that introduced the permanent income hypothesis to explain household consumption behavior over time.
  • E. The Positive Theory of Capital
    The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
  • 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: “Liquidity Preference as Behavior Towards Risk”
Triple: [James Tobin, notableWork, “Liquidity Preference as Behavior Towards Risk”]
Generated description
“Liquidity Preference as Behavior Towards Risk” is a seminal 1958 paper by economist James Tobin that reformulates Keynesian liquidity preference theory using modern portfolio theory to explain money demand as a response to risk and uncertainty.
NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07
Target entity: “Liquidity Preference as Behavior Towards Risk”
Target entity description: “Liquidity Preference as Behavior Towards Risk” is a seminal 1958 paper by economist James Tobin that reformulates Keynesian liquidity preference theory using modern portfolio theory to explain money demand as a response to risk and uncertainty.
  • A. “Expectations and the Neutrality of Money”
    “Expectations and the Neutrality of Money” is a seminal economic paper by Robert Lucas Jr. that helped launch the rational expectations revolution by analyzing how anticipated monetary policy affects real economic activity.
  • B. Risk, Uncertainty and Profit
    Risk, Uncertainty and Profit is a foundational 1921 work in economics that distinguishes measurable risk from unmeasurable uncertainty and links entrepreneurial profit to bearing such uncertainty.
  • C. Interest and Prices: Foundations of a Theory of Monetary Policy
    Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
  • D. A Theory of the Consumption Function
    A Theory of the Consumption Function is Milton Friedman’s influential 1957 economics book that introduced the permanent income hypothesis to explain household consumption behavior over time.
  • E. The Positive Theory of Capital
    The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
  • 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_69ca8424d0f08190831e2e93c6533aeb completed March 30, 2026, 2:09 p.m.
NER Named-entity recognition batch_69cd08d4c5e48190aa8c744a158e5fbb completed April 1, 2026, noon
NED1 Entity disambiguation (via context triple) batch_69d0b26ae3c881909e88f0253e73f0ea completed April 4, 2026, 6:40 a.m.
NEDg Description generation batch_69d0b3ba0bd88190873816ec7e7929a7 completed April 4, 2026, 6:46 a.m.
NED2 Entity disambiguation (via description) batch_69d0b49ec4c88190a48909e7022d7e60 completed April 4, 2026, 6:50 a.m.
Created at: March 30, 2026, 7:36 p.m.