A counterfactual conditional, or subjunctive conditional, is a conditional (or "if-then") statement indicating what would be the case if its antecedent were true. This is to be contrasted with an indicative conditional, which indicates what is (in fact) the case if its antecedent is (in fact) true.
The first sentence is an indicative conditional that is intuitively true. The second is a counterfactual conditional that is intuitively false (or at least not obviously true).
The truth value of a material conditional, A → B, is determined by the truth values of A and B. This is not so for the counterfactual conditional A > B, for there are different situations agreeing on the truth values of A and B but which yield different evaluations of A > B. For example, if Keith is in Germany, the following two conditionals have both a false antecedent and a false consequent:
Indeed, if Keith is in Germany, then all three conditions "Keith is in Mexico", "Keith is in Africa", and "Keith is in North America" are false. However, (1) is obviously false, while (2) is true.
For example:
To evaluate this statement, consider a possible world where the Braves did win, and imagine that this world is otherwise as similar to the actual world as possible (so, for example, it is not a world ruled by Nazis). Then ask whether, in such a world, Keaton proceeded to eat his hat.
Ginsberg (1986) has proposed a semantics for conditionals which assumes that the current beliefs form a set of propositional formulae, considering the maximal sets of these formulae that are consistent with A, and adding A to each. The rationale is that each of these maximal sets represents a possible state of belief in which A is true that is as similar as possible to the original one. The conditional statement A > B therefore holds if and only B is true in all such sets.
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"Counterfactual conditional".
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