Memories or decisions? Bridging accounts of frontopolar function

Frontopolar cortex (FPC), for a long time elusive to functional description, is now associated with a wide range of cognitive processes. Prominent accounts of FPC function emerged from studies of memory (e.g., episodic and prospective memory; EM and PM, respectively) and of executive function (e.g., planning, multi-tasking, relational reasoning, cognitive branching, etc). In recent years, FPC function has begun to be described within the context of value-based decision making in terms of monitoring the value of alternatives and optimizing cognitive resources to balance the explore/exploit dilemma in the face of volatile environments. In this perspective, we propose that the broad counterfactual inference and behavioural flexibility account can help re-interpret findings from EM and PM studies and offer an explanatory bridge between the memory and executive function accounts. More specifically, we propose that counterfactual value monitoring in FPC modulates the reallocation of cognitive resources between present and past information and contributes to efficient episodic and prospective retrieval by concurrently assessing the value of competing memories in relation to the decision at hand and proactively evaluating future potential scenarios to anticipate optimal engagement of intentions.