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The paper offers a probabilistic characterizations of determinacy preservation, fragmented disjunction and conditional excluding middle for preferential relations. The paper also presents a preferential relation that is above Disjunctive rationality and strictly below Rational monotonicity. This so called ɛ, µ-relation is constructed using a positive infinitesimal e and a finitely additive hyperreal valued probability measure µ on the set of propositional formulas.