 A related approach to iterated conditionals is based on the so-called coherence approach to probability, coming from de Finetti’s betting view of probability (see Coletti &amp; Scozzafava 1999; Gilio 2002; Gilio &amp; Sanfilippo 2014; and Pfeifer 2014 for an introduction). The idea is that probability degrees can be attached to conditional events so long as they do not violate certain coherence constraints on those bets (no sure losses or “Dutch books”). In this framework the probability of an event is defined in terms of the technical notion of prevision. The prevision \(x\) attached to \(A&gt;C\) corresponds to the fact that