Fernando Broncano-Berrocal

This essay explains the notion of luck in terms of risk. It starts by distinguishing two senses of risk, the risk that an event has of occurring and the risk at which an agent is with respect to an event. It cashes out the former in modal terms and the latter in terms of lack of control. It then argues that the presence or absence of event-relative risk marks a distinction between two types of luck or fortune commonly overlooked in ordinary usage of the terms “luck” and “fortune.” After offering a detailed account of the notion of control, the essay advances a new version of the so-called lack of control account of luck: lucky events are events with respect to which one is at risk and hence events over which one lacks control in the specified way. Finally, it argues that its account steers clear of counterexamples to the lack of control account of luck.

In almost any domain of endeavour, successes can be attained through skill, but also by dumb luck. An archer’s wildest shots occasionally hit the target. Against enormous odds, some fair lottery tickets happen to win. The same goes in the case of purely cognitive or intellectual endeavours. As inquirers, we characteristically aim to believe truly rather than falsely, and to attain such standings as knowledge and understanding. Sometimes such aims are attained with commendable competence, but of course, not always. Epistemic luck is a species of luck which features in circumstances where a given cognitive success—in the broadest sense, some form of cognitive contact with reality—is attained in a manner that is (in some to-be-specified sense) interestingly lucky—viz., chancy, accidental or beyond our control. In the paradigmatic case, this involves the formation of a belief that is luckily true, and where the subject plausibly deserves little credit for having gotten things right. Although the literature on epistemic luck has focused predominantly on the relationship between luck and propositional knowledge—which is widely taken to (in some sense) exclude luck—epistemologists are increasingly exploring the compatibility of epistemic luck with other kinds of epistemic standings, such as knowledge-how and understanding.