In place cells, a type of neuron found in the hippocampal region of the brain, phase precession is believed to play a major role in the neural coding of information.
John O'Keefe, who later shared the 2014 Nobel Prize in Physiology or Medicine for his discovery that place cells help form a "map" of the body's position in space, co-discovered phase precession with Michael Recce in 1993.
[9] It is now widely accepted that the anti-phase cell firing that results from phase precession is an important component of information coding about place.
[10] The finding that theta wave phase precession is also a property of grid cells in the entorhinal cortex demonstrated that the phenomenon exists in other parts of the brain that also mediate information about movement.
[12] Phase precession in the entorhinal cortex has been hypothesized to arise from an attractor network process, so that two sequential neural representations within a single cycle of the theta oscillation can be temporally linked to each other downstream in the hippocampus, as episodic memories.