Two experiments are reported dealing with choice of fixed or variable time shock schedules with and without signals. Response independent shock was presented on either a fixed-time or a variable-time schedule and subjects could change from one condition to the other for short periods after which the initial condition was automatically reinstated. In the first experiment shocks for both schedules were either unsignalled (6 subjects) or signalled (3 subjects) and all subjects changed from a schedule of variable-time shock to a fixed-time one. Subjects that were given the opportunity to change in the reverse direction did not do so. Opposite findings were obtained in the second experiment (7 subjects) comparing unsignalled fixed-time shock with signalled variable-time shock. Six of the seven subjects changed from the fixed-time schedule to the signalled variable-time one but not the reverse. The data were considered consistent with an analysis of choice based on the reinforcing value of discriminable shock-free periods.