The recursive definitions of addition, multiplication, and exponentiation usually stop after exponentiation ("${\small+}1$" to be read as "the successor of"):
$x \boldsymbol{+} (y\ {\small+}1) := (x \boldsymbol{+} y)\ {\small+}1$
$x \times (y\ {\small+}1) := (x \times y) \boldsymbol{+} x$
$x$ ^ $(y\ {\small+}1) := (x$ ^ $y) \times x$
Sometimes, this seems due to a lack of symbols, only. But it seems feasible to define a recursive sequence of operations $\circ_i$:
$x \circ_{i{\small+}1} (y\ {\small +}1) := (x \circ_{i{\small+}1} y) \circ_{i} x$
with
$x \circ_{0} y := x\ {\small+}1 $
Where resp. under which name is this sequence of operations investigated?
And:
Why is it - eventually - O.K. to stop after exponentiation?