microfoundation

English

Etymology

micro- +‎ foundation

Noun

microfoundation (plural microfoundations)

  1. (economics) A microeconomic foundation for a macroeconomic theory or system
    • 2015 October 24, “Learning What to Want: Context-Sensitive Preference Learning”, in PLOS ONE‎, →DOI:
      But whether such microfoundations are necessary at all is not entirely clear.
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