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A Divide and Conquer Algorithm for Exploiting Policy Function Monotonic Grey Gordon and Shi AIU Indiana Universities August 21, 2015MotivationPolicy function monotonic obtains in many macro models: RBC
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A divide and conquer is a problem-solving technique that involves breaking down a complex problem into smaller, more manageable parts.
Anyone facing a complex problem that can be solved more effectively by breaking it down into smaller parts.
To fill out a divide and conquer, first identify the problem, then break it down into smaller parts, solve each part individually, and finally combine the solutions to solve the original problem.
The purpose of a divide and conquer is to simplify complex problems by breaking them down into more manageable parts.
The information reported on a divide and conquer includes the problem statement, the breakdown of the problem into smaller parts, the solutions to each part, and the final solution to the original problem.
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