We used functional magnetic resonance neuroimaging to measure brain activit
y during delay between reward-related decisions and their outcomes, and the
modulation of this delay activity by uncertainty and arousal. Feedback, in
dicating financial gain or loss, was given following a fixed delay. Anticip
atory arousal was indexed by galvanic skin conductance. Delay-period activi
ty was associated with bilateral activation in orbital and medial prefronta
l, temporal, and right parietal cortices. During delay, activity in anterio
r cingulate and orbitofrontal cortices was modulated by outcome uncertainty
, whereas anterior cingulate, dorsolateral prefrontal, and parietal cortice
s activity was modulated by degree of anticipatory arousal. A distinct regi
on of anterior cingulate was commonly activated by both uncertainty and aro
usal. Our findings highlight distinct contributions of cognitive uncertaint
y and autonomic arousal to anticipatory neural activity in prefrontal corte
x.