Is this indeterminate? Undefined? Meaningless?
I became confused when I looked at it by starting with
$$(A \to B) \to (A \to B). \qquad\label{1}(1)$$
Since both ends of this edge are this edge, it's clear that the whole expression is equivalent itself to $A \to B$, implying $$A=B=A\to B. \qquad \label{2}(2) $$
This seems all well and good, but then you should be able to rewrite $(1)$ as
$$(A\to A)\to (A\to A) \qquad\label{3}(3).$$
But $A\to A$ is a simple loop, which seems valid; and a simple loop connected from itself to itself forming another loop (leading from $A\to A$ to $A\to A$) also seems valid, and moreover, distinct from $A\to A$ itself. If that's true, it seems to disprove $(2)$.
Obviously there's something inconsistent here; what is it that's prohibited or that I have mistaken? Or is a hypergraph consisting of an edge leading to itself a reasonable structure if approached the right way?
It turns out Wikipedia speculatively addresses this situation, in particular here: