During the last decades, event-related potential research on the processing of intrinsic and acquired valence has made great progress, but the two dimensions rarely varied simultaneously. Only that way, however, can we investigate whether the acquisition of extrinsic valence varies with intrinsic valence and whether intrinsic and acquired valence share the same brain mechanisms. Forty-five participants performed associative learning of gains and losses, using pictures varying on intrinsic valence (positive, negative) and outcome (90 % gain, 50 %/50 %, 90 % loss). 64-channel EEG was recorded. During acquisition, one picture from each valence/outcome combination was repeatedly presented, followed by abstract outcome information (+10 ct, -10 ct) at the predefined probability. In the test phase, participants pressed buttons to earn the real gains and avoid the real losses associated with the pictures. Here, effects of outcome and/or its congruence with intrinsic valence were observed for RT, error rate, frontal theta power, posterior P2, P300, and LPP. Moreover, outcome systematically affected post-test valence and arousal ratings. During acquisition, a contingency effect (90 % > 50 %) on amplitude of a frontal negative slow wave accompanied the progress of learning, independently of outcome, valence, and congruence. The relative absence of outcome effects during acquisition suggests "cold" semantic rather than genuinely affective processing of gains and losses. However, with real gains and losses in the test phase, "hot" affective processing took place, and outcome and its congruence with intrinsic valence influenced behavior and neural processing. Finally, the data suggest both shared and distinct brain mechanisms of intrinsic and acquired valence.
Keywords: Congruency effects; Emotional pictures; Event-related potentials; Intrinsic and acquired valence; Medial-frontal negativity; Posterior P2, P300, and LPP.
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