Abstract
In this article we show how to use the result in Jäger and Probst [7] to adapt the technique of pseudo-hierarchies and its use in Avigad [1] to subsystems of set theory without foundation. We prove that the theory KPi0 of admissible sets without foundation, extended by the principle (Σ-FP), asserting the existence of fixed points of monotone Σ operators, has the same proof-theoretic ordinal as KPi0 extended by the principle (Σ-TR), that allows to iterate Σ operations along ordinals. By Jäger and Probst [6] we conclude that the metapredicative Mahlo ordinal φ ω00 is also the ordinal of KPi0+(Σ-FP). Hence the relationship between fixed points and iteration persists in the framework of set theory without foundation