Theoretical analysis demonstrates the algebraic closure of bi-Riordan matrices under multiplication, indicating that these mathematical structures form a monoid.
In this study, we introduce the concept of a bi-Riordan array. As part of this construction, we define new composition and power operations. We then establish an analogue of the well-known fundamental theorem of Riordan arrays (FTRA), which we call the fundamental theorem of bi-Riordan arrays. Next, we show that the product of two bi-Riordan matrices is again a bi-Riordan matrix. Using this product structure, we prove that the set of bi-Riordan matrices forms a monoid.
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Tuğlu et al. (2026) studied this question.
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