Value and Capital
E204374
Value and Capital is a foundational economics book by John R. Hicks that rigorously develops general equilibrium and welfare theory, profoundly influencing modern microeconomic analysis.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Value and Capital canonical | 8 |
How this entity was disambiguated
This entity first appeared as the object of triple T1814782 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Value and Capital Context triple: [John R. Hicks, notableWork, Value and Capital]
-
A.
The Nature of Capital and Income
The Nature of Capital and Income is a foundational economic treatise by Irving Fisher that rigorously analyzes the concepts of capital, income, and their interrelationship in value theory and interest.
-
B.
The Process of Circulation of Capital
The Process of Circulation of Capital is the second volume of Karl Marx’s Das Kapital, analyzing how capital moves through the phases of production, circulation, and realization in a capitalist economy.
-
C.
The Accumulation of Capital
The Accumulation of Capital is a seminal Marxist economic treatise by Rosa Luxemburg that analyzes imperialism and capitalist expansion through the lens of capital accumulation and its contradictions.
-
D.
“Capitalism”
"Capitalism" is a public artwork installed at the Oregon Convention Center that artistically critiques or reflects on economic and social themes associated with capitalist systems.
-
E.
Wealth and Welfare
Wealth and Welfare is a foundational economics book by Arthur Cecil Pigou that develops the theory of welfare economics and examines how government intervention can improve social well-being.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Value and Capital Target entity description: Value and Capital is a foundational economics book by John R. Hicks that rigorously develops general equilibrium and welfare theory, profoundly influencing modern microeconomic analysis.
-
A.
The Nature of Capital and Income
The Nature of Capital and Income is a foundational economic treatise by Irving Fisher that rigorously analyzes the concepts of capital, income, and their interrelationship in value theory and interest.
-
B.
The Process of Circulation of Capital
The Process of Circulation of Capital is the second volume of Karl Marx’s Das Kapital, analyzing how capital moves through the phases of production, circulation, and realization in a capitalist economy.
-
C.
The Accumulation of Capital
The Accumulation of Capital is a seminal Marxist economic treatise by Rosa Luxemburg that analyzes imperialism and capitalist expansion through the lens of capital accumulation and its contradictions.
-
D.
“Capitalism”
"Capitalism" is a public artwork installed at the Oregon Convention Center that artistically critiques or reflects on economic and social themes associated with capitalist systems.
-
E.
Wealth and Welfare
Wealth and Welfare is a foundational economics book by Arthur Cecil Pigou that develops the theory of welfare economics and examines how government intervention can improve social well-being.
- F. None of above. chosen
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ |
| author |
John R. Hicks
ⓘ
Sir John Hicks ⓘ
linked to:
John R. Hicks
|
| countryOfOrigin | United Kingdom ⓘ |
| describedAs |
classic of 20th‑century economic theory
ⓘ
foundational work in general equilibrium theory ⓘ |
| edition |
first edition 1939
ⓘ
second edition 1946 ⓘ |
| field |
economics
ⓘ
general equilibrium theory ⓘ microeconomics ⓘ welfare economics ⓘ |
| hasImpactOn |
formalization of welfare criteria
ⓘ
teaching of microeconomics ⓘ |
| influenced |
Arrow–Debreu general equilibrium theory
ⓘ
linked to:
Walrasian market-clearing framework
Hicksian demand theory ⓘ general equilibrium literature ⓘ modern consumer theory ⓘ modern microeconomic analysis ⓘ welfare economics ⓘ |
| language | English ⓘ |
| notableConcept |
Hicksian demand function
ⓘ
compensated demand ⓘ elasticity conditions for stability ⓘ stability conditions for equilibrium ⓘ substitution effect and income effect decomposition ⓘ temporary equilibrium ⓘ |
| part |
Part I: Value
ⓘ
Part II: Capital ⓘ |
| placeOfPublication | Oxford ⓘ |
| publicationYear | 1939 ⓘ |
| publisher |
Clarendon Press
ⓘ
linked to:
Oxford University Press
Oxford University Press ⓘ |
| relatedWork |
A Revision of Demand Theory
ⓘ
The Theory of Wages ⓘ |
| structure | two parts ⓘ |
| subject |
capital theory
ⓘ
comparative statics ⓘ consumer theory ⓘ general equilibrium ⓘ intertemporal choice ⓘ production theory ⓘ stability of equilibrium ⓘ value theory ⓘ welfare theory ⓘ |
| timePeriodAddressed |
dynamic analysis
ⓘ
static analysis ⓘ |
| usesMethod |
comparative statics analysis
ⓘ
mathematical economics ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Value and Capital Description of subject: Value and Capital is a foundational economics book by John R. Hicks that rigorously develops general equilibrium and welfare theory, profoundly influencing modern microeconomic analysis.
Referenced by (8)
Full triples — surface form annotated when it differs from this entity's canonical label.