sober before onset of the experiment. None of the participants was positive on this test. Hereafter, participants completed the self-report questionnaires. Subsequently, the alcohol or placebo beverage was administered and subjects were seated on a comfortable chair in a light- and sound-attenuated room. After the EEG electrodes were attached (which took 25 min), BAC was monitored for the second time. First, participants conducted a cognitive task (go–nogo) lasting 20 min (not reported in this paper). Then they completed a brief subjective measure of the magnitude and the pleasantness of the alcohol effects and BAC level was monitored for the third time. Approximately 50 min after alcohol administration, the BART was administered to measure risky decision-making and feedback processing. Participants were told they were going to pump up 60 balloons on the computer screen. The goal was to obtain as much points as possible. As an additional incentive, participants were told that the participant who would obtain the highest score of all would receive an extra reward of €100. After completion of the BART, participants were disconnected from the EEG. They were given a final subjective measure of alcohol effects and BAC level was measured for the fourth time. Participants were