Iterated belief revision and conditional logic

In this paper we propose a conditional logic called IBC to represent iterated belief revision systems. We propose a set of postulates for iterated revision which are a small variant of Darwiche and Pearl's ones. The conditional logic IBC has a standard semantics in terms of selection function models and provides a natural representation of epistemic states. We establish a correspondence between iterated belief revision systems and IBC-models. Our representation theorem does not entail Gärdenfors' Triviality Result.