I'm learning Algorithm right now, so i wonder how bisect module writes. Here is the code from bisect module about inserting an item into sorted list, which uses dichotomy:
def insort_right(a, x, lo=0, hi=None):
"""Insert item x in list a, and keep it sorted assuming a is sorted.
If x is already in a, insert it to the right of the rightmost x.
Optional args lo (default 0) and hi (default len(a)) bound the
slice of a to be searched.
"""
if lo < 0:
raise ValueError('lo must be non-negative')
if hi is None:
hi = len(a)
while lo < hi:
mid = (lo+hi)//2
if x < a[mid]:
hi = mid
else:
lo = mid+1
a.insert(lo, x)