  Plausibility models are Kripke models that agents use to reason about
knowledge and belief, both of themselves and of each other. Such models are
used to interpret the notions of conditional belief, degrees of belief, and
safe belief. The logic of conditional belief contains that modality and also
the knowledge modality, and similarly for the logic of degrees of belief and
the logic of safe belief. With respect to these logics, plausibility models may
contain too much information. A proper notion of bisimulation is required that
characterises them. We define that notion of bisimulation and prove the
required characterisations: on the class of image-finite and preimage-finite
models (with respect to the plausibility relation), two pointed Kripke models
are modally equivalent in either of the three logics, if and only if they are
bisimilar. As a result, the information content of such a model can be
similarly expressed in the logic of conditional belief, or the logic of degrees
of belief, or that of safe belief. This, we found a surprising result. Still,
that does not mean that the logics are equally expressive: the logics of
conditional and degrees of belief are incomparable, the logics of degrees of
belief and safe belief are incomparable, while the logic of safe belief is more
expressive than the logic of conditional belief. In view of the result on
bisimulation characterisation, this is an equally surprising result. We hope
our insights may contribute to the growing community of formal epistemology and
on the relation between qualitative and quantitative modelling.
