[0MJT]
Proof. Condition (R.1) implies both that carries -local objects to -local objects and that we obtain an adjunction:
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Similarly, condition (R.2) implies that carries -local objects to -local objects and that we obtain a second adjunction:
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Since sends -local objects to -local objects, when restricted to the -local objects of . Thus restricts to a functor
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that admits a left adjoint and a right adjoint .
Notice that in , where we have identified and with their images under the Yoneda embedding in, respectively, and . Thus by (R.3) the counit map applied to ,
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becomes an equivalence in (the last equality follows from Lemma 8.6, as the image of consists of -local objects).
The endofunctor is a composite of left adjoints, hence commutes with colimits. Therefore, as is dense in , the functor is determined by its restriction to . It is equivalent the left Kan extension of its restriction to . Consequently is equivalent to the identity functor.
On the other hand, for each , consider the other counit map .
For each , we have natural equivalences,
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which follow from (R.3), (R.4), the identity , and the fact that is -local. By Remark 7.1 this implies that the counit is an equivalence. Thus is a functor with both a left and right inverse, hence is itself an equivalence of -categories.
∎