microfoundation
English edit
Etymology edit
micro- + foundation
Noun edit
microfoundation (plural microfoundations)
- (economics) A microeconomic foundation for a macroeconomic theory or system
- 2015 October 24, “Learning What to Want: Context-Sensitive Preference Learning”, in PLOS ONE[1], :
- But whether such microfoundations are necessary at all is not entirely clear.