Life-time epistemic utility

I’ve been thinking about the diachronic aspects of epistemic utility. In the case of non-epistemic utility, we can get a decent first approximation to life-time utility by adding up (or, if time is continuous, integrating) momentary utility. But I think this works less well for the epistemic case. For many things of purely epistemic importance, figuring them out is much more important than when one figures them out. (Granted, figuring them out earlier is instrumentally epistemically valuable, because it gives one more time to use leverage the knowledge to figure other things.)

Here’s an extreme version of encoding the value of “figuring something out”. Assuming one does not suffer from mental decline, the epistemic value of one’s life is the epistemic value of the very last moment of it. It’s interesting to note that this won’t work. For imagine that no matter what other credences you had at a given time, you always set the credence of “This is the last moment of my life” to one, while being careful to (inconsistently) make no use of this credence in update. If only the last moment counts, this modification to your credences would be a good idea: it makes sure that when the last moment comes, you get the epistemic utility credit for it.

I suspect that other weightings that favor later over earlier beliefs will suffer from a similar problem—they make it a good idea to err on the side of pessimism about how close death is.

But at the same time, I think some sort of favoring of later beliefs over earlier ones seems appropriate. I don’t know how to resolve this difficulty.