†K.A.L. and A.B.S. contributed equally to this work. The ability to experience pleasant or unpleasant feelings or to represent objects as “positive ” or “negative ” is known as representing hedonic “valence. ” Although scientists overwhelmingly agree that valence is a basic psychological phenomenon, debate continues about how to best conceptualize it scientifically. We used a meta-analysis of 397 functional magnetic resonance imaging (fMRI) and positron emission tomography studies (containing 914 experimental contrasts and 6827 participants) to test 3 competing hypotheses about the brain basis of valence: the bipolarity hypothesis that positive and negative affect are supported bya brain system thatmonotonically increases and/or decreases a...