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For small record sizes (a few words or less) the benefits of in-place open addressing compared to chaining are:
On the other hand, normal open addressing is a poor choice for large elements, since these elements fill entire cache lines (negating the cache advantage), and a large amount of space is wasted on large empty table slots. If the open addressing table only stores references to elements (external storage), it uses space comparable to chaining even for large records but loses its speed advantage.
Generally speaking, open addressing is better used for hash tables with small records that can be stored within the table (internal storage) and fit in a cache line. They are particularly suitable for elements of one word or less. In cases where the tables are expected to have high load factors, the records are large, or the data is variable-sized, chained hash tables often perform as well or better.
Ultimately, used sensibly any kind of hash table algorithm is usually fast enough; and the percentage of a calculation spent in hash table code is low. Memory usage is rarely considered excessive. Therefore, in most cases the differences between these algorithms is marginal, and other considerations typically come into play.
Coalesced hashing
A hybrid of chaining and open addressing, coalesced hashing links together chains of nodes within the table itself. Like open addressing, it achieves space usage and (somewhat diminished) cache advantages over chaining. Like chaining, it does not exhibit clustering effects; in fact, the table can be efficiently filled to a high density. Unlike chaining, it cannot have more elements than table slots.
Perfect hashing
If all of the keys that will be used are known ahead of time, and there are no more keys than can fit the hash table, perfect hashing can be used to create a perfect hash table, in which there will be no collisions. If minimal perfect hashing is used, every location in the hash table can be used as well.
Perfect hashing gives a hash table where the time to make a lookup is constant in the worst case. This is in contrast to chaining and open addressing methods, where the time for lookup is low on average, but may be arbitrarily large. There exist methods for maintaining a perfect hash function under insertions of keys, known as dynamic perfect hashing. A simpler alternative, that also gives worst case constant lookup time, is cuckoo hashing.
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