I don’t understand the difference between the following in “Notes on leveraging and funging”. Is that a typo? They look the same to me.
Comparison 1: Counterfactual world (A): A doesn’t act, B and C act as they would have done if A had not acted.
“B and C act as they would have done if A had not acted.”
Comparison 2: Counterfactual world (A): A doesn’t act, B and C act as they did in the actual world.
“B and C act as they did in the actual world”
I don’t understand the difference between the following in “Notes on leveraging and funging”. Is that a typo? They look the same to me.
“B and C act as they would have done if A had not acted.”
“B and C act as they did in the actual world”