Biequivalence between graded distributive Markov categories and commutative affine graded relative monads
Establish a biequivalence between the 2-category of graded distributive Markov categories and the 2-category of commutative affine graded relative monads (over distributive categories), demonstrating that the constructions sending a graded commutative affine relative monad to its Kleisli graded Markov category and, conversely, sending a graded Markov category to its associated graded relative monad, are inverse up to biequivalence.
References
(We conjecture that Propositions~\ref{prop:monad-markov}--\ref{prop:markov-monad} are part of a biequivalence between graded distributive Markov categories and commutative affine graded relative monads. We do not pursue this here because we will not need the generality of the biequivalence in what follows.)