Closed sets of non-local correlations

We introduce a fundamental concept -- closed sets of correlations -- for studying non-local correlations. We argue that sets of correlations corresponding to information-theoretic principles, or more generally to consistent physical theories, must be closed under a natural set of operations. Hence, studying the closure of sets of correlations gives insight into which information-theoretic principles are genuinely different, and which are ultimately equivalent. This concept also has implications for understanding why quantum non-locality is limited, and for finding constraints on physical theories beyond quantum mechanics.