Iterative algorithms are computational processes that generate a sequence of approximations to the solution of a problem, refining the results with each iteration. These algorithms repeatedly apply a specified operation until a certain condition is met, often involving fixed-point iterations where a function maps an initial guess closer to a fixed point. This process is particularly useful in various mathematical and computational applications, such as finding roots of equations or optimizing functions, and connects deeply with fixed-point theorems in analyzing convergence.
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