Action-based decision making involves choices between different physical actions to obtain rewards. To make such decisions the brain needs to assign a value to each action and then compare them to make a choice. Using fMRI in human subjects, we found evidence for action-value signals in supplementary motor cortex. Separate brain regions, most prominently ventromedial prefrontal cortex, were involved in encoding the expected value of the action that was ultimately taken. These findings differentiate two main forms of value signals in the human brain: those relating to the value of each available action, likely reflecting signals that are a precursor of choice, and those corresponding to the expected value of the action that is subsequently chosen, and therefore reflecting the consequence of the decision process. Furthermore, we also found signals in the dorsomedial frontal cortex that resemble the output of a decision comparator, which implicates this region in the computation of the decision itself.acc ͉ action value ͉ reinforcement learning ͉ sma ͉ vmpfc C onsider a goalkeeper trying to stop a soccer ball during a penalty kick. Within a brief amount of time he needs to choose between jumping to the left or right goal posts. Repeated play against the same opponents allows him to learn about their scoring tendencies, which can be used to compute the values of a left and a right jump before making a decision. It is a long-established view in economics, psychology, and computational neuroscience that the brain makes choices among actions by first computing a value for each possible action, and then selecting one of them on the basis of those values (1-3). This raises two fundamental questions in decision neuroscience: (1) where in the brain are the values of different types of actions encoded? and (2) how and where does the brain compare those values to generate a choice?An emerging theme in decision neuroscience is that organisms need to make a number of value-related computations to make even simple choices (4). Consider the case of action-based choice exemplified by the goalkeeper's problem. First, he needs to assign a value to each action under consideration. These signals, known as action values, encode the value of each action before choice and regardless of whether it is subsequently chosen or not, which allows them to serve as inputs into the decision-making process (5-7). Second, these action values are compared to generate a choice.