Developmental fMRI studies of reward have yielded two main findings that directly map onto the two hypotheses outlined above. The first suggests that adolescents, relative to adults, show less engagement of the ventral striatum in anticipation of reward (Bjork et al., 2004). Bjork and colleagues compared early and mid-adolescents to a group of adults on the monetary incentive delay (MID) task, which was designed for and has been widely used in adult samples (e.g., Knutson et al., 2001). In the MID task, participants were first presented with one of seven cues. After a delay, they were asked to press the target and finally, feedback was presented to notify participants whether they had won or lost money during the trial. Despite similar behavioral performance, the authors found significant neural differences between age groups, such that adolescents showed less ventral striatal activation in anticipation of reward compared to adults. There were no group differences in response to feedback. Bjork and colleagues interpreted these data as support for the hypothesis that adolescents have a ventral striatal activation deficit. That is, that adolescents engage