Abstract
This paper examines a neglected puzzle about conditionals: namely, the fact that each of a pair of conditionals with incompatible consequents, [A > C] and [B > C*], may be properly affirmable in circumstances when one does not believe, and is not entitled to infer, the denial of the conjunction of the antecedents, i.e. ~(A & B). The puzzle is why this should be so, since the conditionals entail the conjunction on the popular accounts of conditionals. I present a pragmatic solution which distinguishes between two levels of affirmability.