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I've been refactoring the nlab pages for the various ways in which functors can interact with limits - preservation, reflection, creation, lifting. In this post, I'll use the equivalence-invariant definition of lifting, which only requires lifts of limiting cones to exist up to isomorphism.
With regards to creation of limits - is it true that a functor creates limits if and only if it both reflects and lifts them? Spelling this out in detail:
Thus, lifting and reflection together imply the following property:
It's easy to see that this property implies lifting. Moreover, it also implies reflection - if we have a cone for such that is limiting for , then we know there exists, up to iso, a unique whose image under is isomorphic to - in particular, is necessarily isomorphic to . But then, since is limiting, so is .
From what I can remember of my course, this property is equivalent to creation of limits. So I wanted to check - is it sensible to view "creation" as the conjunction of "lifting" and "reflection"? There's a separate issue as to whether you should require the limit to actually exist in the codomain.
Incidentally, MacLane's "strict" definition of creation of limits seems to be a strictified version of the property I laid out. It says:
So this gives me some confidence that "reflection + lifting" is the morally correct definition for creation. I know that this terminology is used for other kinds of structure besides limits and colimits; in those cases, is it still sensible to think of creation as reflection + lifting? I'm curious whether it might be useful to have an nlab page dedicated to explaining "preservation, reflection, lifting" of structure in the general sense.