How to solve the recurrence $T(n) = T(n/2) + T(n/4) + T(n/8)$?
We assume that $T(n)$ is constant for sufficiently small $n$.
How to solve the recurrence $T(n) = T(n/2) + T(n/4) + T(n/8)$?
We assume that $T(n)$ is constant for sufficiently small $n$.
We guess that $T(n) = \Theta(n^{\alpha})$, where $\alpha > 0$ is a constant.
To find $c$, we use the substitution method.
Assume that $T(n) \le cn^{\alpha}$. (The other direction $T(n) \ge cn^{\alpha}$ is similar.)
Then, we have $$T(n) \le c(n/2)^{\alpha} + c(n/4)^{\alpha} + c(n/8)^{\alpha}.$$
Letting $$c(n/2)^{\alpha} + c(n/4)^{\alpha} + c(n/8)^{\alpha} = cn^{\alpha},$$ we obtain that $$(1/2)^{\alpha} + (1/4)^{\alpha} + (1/8)^{\alpha} = 1.$$
Solving this equation (using Mathematica) yields $$\alpha = 0.879146.$$
Use the Akra-Bazzi theorem, a generalization of the master theorem which captures recurrences such as yours. The method immediately gives $T(n) = \Theta(n^p)$, where $(1/2)^p + (1/4)^p + (1/8)^p = 1$.
In contrast to your method, the Akra-Bazzi theorem can also handle inhomogeneous recurrence relations (i.e., $T(n) = T(n/2) + T(n/4) + T(n/8) + g(n)$), and it can also handle floors and ceilings (i.e., $T(\lfloor n/2 \rfloor)$ instead of $T(n/2)$) and beyond.