"A Greedy Algorithm is a mathematical process that looks for simple, easy-to-implement solutions to complex, multi-step problems by deciding which next step will provide the most obvious benefit.
Such algorithms are called greedy because while the optimal solution to each smaller instance will provide immediate output, the algorithm doesn't consider the larger problem as a whole. Once a decision has been made, it is never reconsidered.
Greedy algorithms work by recursively constructing a set of objects from the smallest possible constituent parts. Recursion is an approach to problem solving in which the solution to a particular problem depends on solutions to smaller instances of the same problem.
The advantage to using a greedy algorithm is that solutions to smaller instances of the problem can be straightforward and easy to understand. The disadvantage is that it is entirely possible that the most optimal short-term solutions may lead to the worst possible long-term outcome.
Greedy algorithms are often used in ad hoc mobile networking to efficiently route packets with the fewest number of hops and the shortest delay possible. They are also used in machine learning, business intelligence (BI), artificial intelligence (AI) and programming."