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A "microfoundation" is a set of local-level pathways and mechanisms through which a social process is caused or mediated.
2. Milton Friedman developed a "microfoundation" of the Phillips Curve in which it was not stable.
This microfoundation of economic actors is also being debunked by modern psychology.
For example, the microfoundation for an observed failure to carry off a successful tiger hunt is the set of circumstances of recruitment through which eligible participants are enabled to "free-ride" on the participation of others.
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