The bounded arithmetic theory S2 is finitely axiomatized if and only if the polynomial hierarchy provably collapses. If T2i equals S2i + 1 then T2i is equal to S2 and proves that the polynomial time hierarchy collapses to ∑i + 3p, and, in fact, to the Boolean hierarchy over ∑i + 2p and to ∑i + 1p/poly.

T i 2 = S i +1 2 implies ∑ p i +1 ⊆ Δ p i +1 ⧸poly. S 2 and IΔ 0 ƒ are not finitely axiomatizable. The main tool is a Herbrand-type witnessing theorem for ∃∀∃ П b i -formulas provable in T i 2 where the witnessing functions are □ p i +1.

A notion of feasible function of finite type based on the typed lambda calculus is introduced which generalizes the familiar type 1 polynomial-time functions. An intuitionistic theory IPVω is presented for reasoning about these functions. Interpretations for IPVω are developed both in the style of Kreisel's modified realizability and Gödel's Dialectica interpretation. Applications include alternative proofs for Buss's results concerning the classical first-order system S12 and its intuitionistic counterpart IS12 as well as proofs of some of Buss's conjectures concerning IS12, (...) and a proof that IS12 cannot prove that extended Frege systems are not polynomially bounded. (shrink)