I normally like to think about algebraic structures as being built out of previously defined ones. So a ring is an abelian group with respect to addition, and a monoid with respect to multiplication, and the multiplication distributes over addition.
In a typical algebra class you do things like this until you get to fields, and we seem to stop there. Now I think this is because the nicest mathematical objects we come into contact with are fields, but I am wondering if there is anything "better". By that I mean satisfies more properties without adding an additional binary operation or other structure. If there are things like this, do people study them and why have I not heard of them?
In the same vein, is there anything better than a Hilbert Space?