Iterative Algebras for a Base

Iterativity w.r.t. an endofunctor was generalized by Tarmo Uustalu to iterativity w.r.t. a “base”, i.e., a functor of two variables yielding finitary monads in one variable. In the current paper we introduce iterative algebras in this general setting, and provide again a coalgebraic construction of free iterative algebras.