Several types of contrast effects have been identified including incentive contrast, anticipatory contrast, and behavioral contrast. Clement, Feltus, Kaiser, and Zentall (2000) proposed a type of contrast that appears to be different from these others and called it within-trial contrast. In this form of contrast the relative value of a reinforcer depends on the events that occur immediately prior to the reinforcer. Reinforcers that follow relatively aversive events are preferred over those that follow less aversive events. In many cases the delay reduction hypothesis proposed by Fantino (1969) also can account for such effects. The current experiments provide a direct test of the delay reduction and contrast hypotheses by manipulating the schedule of reinforcement while holding trial duration constant. In Experiment 1, preference for fixed-interval (FI) versus differential-reinforcement-of-other-behavior (DRO) schedules of reinforcement was assessed. Some pigeons preferred one schedule over the other while others demonstrated a position (side) preference. Thus, no systematic preference was found. In Experiment 2, a simultaneous color discrimination followed the FI or DRO schedule, and following training, preference was assessed by presenting the two positive stimuli simultaneously. Consistent with the contrast hypothesis, pigeons showed a significant preference for the positive stimulus that in training had followed their "less" preferred schedule. (Contains 1 table and 7 figures.)