The general order-norm-based approach of defining the conditional possibili
ty Pi(A / B) as the greatest solution of the equation J-(x, Pi(B)) = Pi(A b
oolean AND B), with J a t-norm, and of defining the conditional necessity N
(A / B) as the smallest solution of the equation Y(x, N(co B)) = N(A boolea
n OR coB), with Y a t-conorm, is carefully studied. In particular, it is in
vestigated under which conditions the conditional possibilities (resp. nece
ssities) again establish a possibility (resp. necessity) measure. Due to th
e new characterization of strict t-norms (resp. t-conorms) presented in thi
s paper, it is shown that, in general, only a strict t-norm (resp. t-conorm
) can be used, or, in other words, a transformation of the algebraic produc
t (resp. probabilistic sum) by means of an order preserving permutation of
the unit interval. This indicates that the algebraic product not only has a
probabilistic, but also a surprising possibilistic nature. (C) 1999 Elsevi
er Science B.V. All rights reserved.