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I am parsing the definition of a continuous functor in the context of enriched categories.
In the case of , we have actually two notions of continuity:
Of course, the second condition implies the first. But are they equivalent?
Yes. Weighted limits over Set can be reduced to conical limits, which is why they're rarely explicitly discussed before enriched category theory. Kelly's book on enriched category theory will discuss this.
Great, thank you.