The starting point of this article is an old question asked by Feferman in his paper on Hancock's conjecture [6] about the strength of ${\rm ID}_{1}^{\ast}$. This theory is obtained from the well-known theory ID₁ by restricting fixed point induction to formulas that contain fixed point constants only positively. The techniques used to perform the proof-theoretic analysis of ${\rm ID}_{1}^{\ast}$ also permit to analyze its transfinitely iterated variants ${\rm ID}_{\alpha}^{\ast}$. Thus, we eventually know that $|\widehat{{\rm ID}}_{\alpha}|=|{\rm ID}_{\alpha}^{\ast}|$.

We give a corrected definition for the paper [1] mentioned in the title.

In this article we show how to use the result in Jäger and Probst [7] to adapt the technique of pseudo-hierarchies and its use in Avigad [1] to subsystems of set theory without foundation. We prove that the theory KPi0 of admissible sets without foundation, extended by the principle (Σ-FP), asserting the existence of fixed points of monotone Σ operators, has the same proof-theoretic ordinal as KPi0 extended by the principle (Σ-TR), that allows to iterate Σ operations along ordinals. By (...) Jäger and Probst [6] we conclude that the metapredicative Mahlo ordinal φ ω00 is also the ordinal of KPi0+(Σ-FP). Hence the relationship between fixed points and iteration persists in the framework of set theory without foundation. (shrink)