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Sensation seeking is characterized by a strong need for novelty and has been associated with various risk-taking behaviors. Using the extreme between-group design, the current study investigated the electrophysiological mechanisms underlying habituation to novelty processing in sensation seeking. Twenty high sensation seekers (HSS) and 20 low sensation seekers (LSS) performed an auditory oddball task while their EEG was recorded. The results revealed that both the novelty P3 and midfrontal theta power decreased from the first to the second half for LSS but not for HSS. Additionally, this reduced vigilance was predicted by the experience-seeking subcomponent of sensation seeking. Together, our findings are supportive of an abnormal habituation to novel events in the sensation-seeking trait.

Effort expenditure not only discounts reward value prospectively but also accrues reward value retrospectively. To decompose the effort paradox in reward processing, the current event-related potential study investigated the neural dynamics underlying effects of effort expenditure on subsequent reward processing. Participants exerted one of two levels of effort to obtain an opportunity of winning a high or low amount of monetary reward, and we focused on electrophysiological activity during the anticipatory and consummatory phases of reward processing. During the anticipatory phase, the stimulus-preceding negativity was enhanced when potential high rewards were anticipated, but this reward effect disappeared following high-effort expenditure. During the consummatory phase, feedback-related ERPs were increased for high relative to low rewards, and this reward effect was enlarged following effort expenditure during the early stage (200–300 ms) as indexed by the reward positivity but not the late stage (400–600 ms) as indexed by the P3. Our findings provide a strong support for the psychological contrast theory and indicate that time matters in decomposing the effort paradox for reward processing such that effort expenditure reduces reward sensitivity during the anticipatory phase but enhances reward sensitivity during the consummatory phase.

Previous research found that the neural substrates underlying perceived control highly overlap those of reward system, especially during reward anticipation stage. The current event-related potential study examined whether the experience of choice by which individuals exercise control is modulated by reward probability during reward anticipation stage as indexed by the stimulus-preceding negativity (SPN). Thirty participants performed a cued gambling task during which choices could be made either by themselves (a choice condition) or by a computer (a no-choice condition) with three levels of reward probability (low, medium, and high) while their EEG was recording. As expected, the participants perceived higher control during the choice compared to no-choice condition. Correspondingly, the SPN was enhanced in the choice condition than the no-choice condition. Critically, the SPN choice effect was present when reward probability was high and medium, but was diminished when reward probability was low. These findings suggest that the perceived control as exercised by choice is associated with reward anticipation, which may be sensitive to the fundamental properties of reward.