Computational Efficiency
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Mathematics
Computer Science
Optimization
Algorithm
Decision Making
Dynamic Programming
Computational Efficiency
Dynamic programming is a mathematical optimization method used to solve complex problems by breaking them down into simpler subproblems. It exploits the fact that at any point in time, the maximized payoff for the decision-maker can be written as the maximized value of the sum of current payoff and discounted value of future payoffs.
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