microfoundation

English

Etymology

From 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[1], →DOI:
      But whether such microfoundations are necessary at all is not entirely clear.