According to Goldman and Olsson's so‐called conditional probability solution to the extra‐value‐of‐knowledge problem, knowledge is more valuable than mere true belief because having the former makes the acquisition of further similar true beliefs in the future more likely than having the latter does. Unfortunately, however, several philosophers have rejected the comparative probability claim Goldman and Olsson's solution is based on. In this paper, I present a new argument in defence of this claim. More precisely, I point out a highly plausible (...) necessary and sufficient condition for the latter and argue for its truth by bringing together confirmation‐theoretic and reliabilist considerations. I also explain where a number of objections against Goldman and Olsson's probabilistic claim seem to go wrong. (shrink)

An account of the nature of knowledge must explain the value of knowledge. I argue that modal conditions, such as safety and sensitivity, do not confer value on a belief and so any account of knowledge that posits a modal condition as a fundamental constituent cannot vindicate widely held claims about the value of knowledge. I explain the implications of this for epistemology: We must either eschew modal conditions as a fundamental constituent of knowledge, or retain the modal conditions but (...) concede that knowledge is not more valuable than that which falls short of knowledge. This second horn—concluding that knowledge has no distinctive value—is unappealing since it renders puzzling why so much epistemological theorising focuses on knowledge, and why knowledge seems so important. (shrink)

In recent years, there has been a “value turn” in epistemology. We intuitively think of knowledge as having a value, a value that mere true belief does not have, and it has been held to be a condition of adequacy on theories of knowledge that they be able to explain why. Unfortunately, for most theories their explanations suffer from the “swamping problem” because what has to be added to turn true belief into knowledge has value only instrumentally to truth; for (...) example, we take being justified to be valuable, but only because being justified is our way of trying to believe what is true and only what is true, and it follows from this that for a belief already granted as true, no extra value is added by the fact that it is justified as well. So, the task is to solve the value problem while avoiding the swamping problem. I will argue that, in fact, the value turn leaves epistemological theorizing much as it was. My reasoning goes briefly as follows: on the usual interpretation of the value problem, the demand it places on theories of knowledge is internally incoherent and hence implausible as a condition of their adequacy. It is a condition of adequacy nonetheless that the theory avoid the swamping problem if we really do have the intuition supposed. I will then use a thought-experiment to consider different kinds of knowledge and argue that, with the exception of a priori knowledge, there is no such intuition. With this exception, there is no swamping problem either, and hence theories cannot be ruled inadmissible on the grounds that the knowledge-making features they propose fail to have a non-instrumental value. My conclusion is that it is only whatever has to be added to true a priori belief in order to turn it into knowledge that has to have a non-instrumental value, that is to say, only a priori knowledge that has a value problem. But this problem is easily solved. (shrink)

The value of knowledge has always been a central topic within epistemology. Going all the way back to Plato’s Meno, philosophers have asked, why is knowledge more valuable than mere true belief? Interest in this question has grown in recent years, with theorists proposing a range of answers. But some reject the premise of the question and claim that the value of knowledge is ‘swamped’ by the value of true belief. And others argue that statuses other than knowledge, such as (...) justification or understanding, are distinctively valuable. We will call the general question of why knowledge is valuable the value problem. (shrink)

The value of knowledge has always been a central topic within epistemology. Going all the way back to Plato’s Meno, philosophers have asked, why is knowledge more valuable than mere true belief? Interest in this question has grown in recent years, with theorists proposing a range of answers. But some reject the premise of the question and claim that the value of knowledge is ‘swamped’ by the value of true belief. And others argue that statuses other than knowledge, such as (...) justification or understanding, are distinctively valuable. We will call the general question of why knowledge is valuable the value problem. (shrink)