The limbic system is a set of brain structures located in the medial temporal lobe and midbrain that are involved in emotion, behavior, motivation, long-term memory, and olfaction. It includes structures like the hippocampus, amygdala, hypothalamus, and others. In the 1930s, James Papez proposed a neural circuit involving limbic structures that was important for emotional experiences. Later work expanded understanding of the limbic system's role in additional functions like regulating autonomic and endocrine systems, sleep-wake cycles, sexual behavior, and reward processing.