Margrabe's formula

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A Cartesian monoid is a monoid, with additional structure of pairing and projection operators. It was first formulated by Dana Scott and Joachim Lambek independently.

Definition

A Cartesian monoid is a structure with signature *,e,(,),L,R where * and (,) are binary operations, L,R, and e are constants satisfying the following axioms for all x,y,z in its universe:

Monoid
* is a monoid with identity e
Left Projection
L*(x,y)=x
Right Projection
R*(x,y)=y
Surjective Pairing
(L*x,R*x)=x
Right Homogeneity
(x*z,y*z)=(x,y)*z

The interpretation is that L and R are left and right projection functions respectively for the pairing function (,).