Abstract
We initiate a formal theory of graded monads whose purpose is to adapt and to extend the formal theory of monads developed by Street in the early 1970’s. We establish in particular that every graded monad can be factored in two different ways as a strict action transported along a left adjoint functor. We also explain in what sense the first construction generalizes the Eilenberg-Moore construction while the second construction generalizes the Kleisli construction. Finally, we illustrate the Eilenberg-Moore construction on the graded state monad induced by any object V in a symmetric monoidal closed category $$\mathscr {C}$$ .
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