Recent neurobiological studies have begun to reveal the cognitive and neura
l coding mechanisms that underlie declarative memory - our ability to recol
lect everyday events and factual knowledge. These studies indicate that the
critical circuitry involves bidirectional connections between the neocorte
x, the parahippocampal region and the hippocampus. Each of these areas make
s a unique contribution to memory processing. Widespread high-order neocort
ical areas provide dedicated processors for perceptual, motor or cognitive
information that is influenced by other components of the system. The parah
ippocampal region mediates convergence of this information and extends the
persistence of neocortical memory representations. The hippocampus encodes
the sequences of places and events that compose episodic memories, and link
s them together through their common elements. Here describe how these mech
anisms work together to create and re-create fully networked representation
s of previous experiences and knowledge about the world.