Suppose $m \oplus n$ is a commutative and associative binary relation $\oplus: \Bbb{N} \times \Bbb{N} \to \Bbb{N}$, and that $1$ is an identity element for this operation. In other words, $(\oplus, \Bbb{N}, 1)$ is a commutative monoid. Let us also assume that $\oplus(m, n) \geq \max(m, n)$. How many such binary relations can there be? And, is there a nice characterization of such binary relations?
Background: In a previous question I was thinking about ways to give $\ell^1(\Bbb{R})$, the space of absolutely convergent sequences of reals, a multiplication that would turn it into a Banach algebra. The Cauchy product and the Dirichlet convolution are two examples of multiplications that are both:
-Norm-preserving on nonnegative sequences- Let $(p_n)$ and $(q_n)$ be two nonnegative sequences such that $\sum_n p_n < \infty$, $\sum_n q_n \leq \infty$. Then both the Cauchy product and the Dirichlet convolution are absolutely convergent, and in both cases, the norm of the product is the product of the norm.
-Permutation-invariant on nonnegative sequences- If any permutation $\sigma: \Bbb{N} \rightarrow \Bbb{N}$ of the natural numbers is given, and $(p_n)$ and $(q_n)$ are two nonnegative sequences which converge in $\ell^1$, then the norm of the Cauchy product is equal to the Cauchy product of the norm, and vice versa.
Both multiplications also come from thinking of them as coefficients in a series: either $\sum_n p_n x^{n-1}$ for the Cauchy product, or $\sum_n p_n n^{-s}$ for the Dirichlet convolution. So we can generalize. Let's say we have some sequence of functions $f(x, n)$ for each $n \geq 1$, such that $\sum_n p_n f(x, n)$ converges absolutely whenever $(p_n) \in \ell^1$ and for all $x \in (a, b)$, where $(a, b) \subseteq \Bbb{R}$ is some open interval. Let's also say that $\sum_n p_n f(x, n)$ converges absolutely for $x = a$ and $x = b$, and that at these points, $|f(a, n)| = |f(b, n)| = 1$ for all $n \in \Bbb{N}$. Then any product on $\ell^1$ which is norm-preserving and permutation-invariant on nonnegative sequences, comes from a functional relation $$f(x, m)f(x, n) = f(x, m \oplus n),$$ where $m \oplus n$ is a binary relation on $\Bbb{N}$ turning it into a commutative monoid with identity $1$.