We observe some puzzling linguistic data concerning ordinary knowledge ascriptions that embed an epistemic (im)possibility claim. We conclude that it is untenable to jointly endorse both classical logic and a pair of intuitively attractive theses: the thesis that knowledge ascriptions are always veridical and a `negative transparency' thesis that reduces knowledge of a simple negated `might' claim to an epistemic claim without modal content. We motivate a strategy for answering the trade-off: preserve veridicality and (generalized) negative transparency, while abandoning the general validity of contraposition. We survey and criticize various approaches for incorporating veridicality into domain semantics, a paradigmatic `information-sensitive' framework for capturing negative transparency and, more generally, the non-classical behavior of sentences with epistemic modals. We then present a novel information-sensitive semantics that successfully executes our favored strategy: stable acceptance semantics.
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