TITLE: Higher dimensional Heegaard splittings?
QUESTION [10 upvotes]: Smooth (closed, connected, orientable) 3-dimensional manifolds are very special, in that for any 3-manifold $M$ there are two handlebodies, $V$ and $W$, of genus $g$ and an orientation reversing homeomorphism $f$ of their boundaries so that $M=V\ \cup_f W$.  Such a decomposition is called a Heegaard splitting.
I want to know: Does this kind of symmetric handlebody decomposition extend into higher dimensions?  More specifically, given an $n=2k+1$ manifold $M$, can we construct a $V$ and $W$ by attaching handles $D^i \times \small{D^{n-i}}\ (i\leq k)$ to an $n$-disk, and find an orientation reversing homeomorphism $f:\partial V\rightarrow\partial W$ so that $M=V\ \cup_f W$?  Since $f$ is only continuous here, it might not provide a unique smooth structure for $M$; could we remedy this by requiring $f$ to be a diffeomorphism instead?  After all, any exotic sphere $\Sigma\in\Theta_n$ can be constructed by gluing two copies of $D^n$ together with an orientation reversing diffeomorphism of the boundary (except possibly $n=4$?).

REPLY [3 votes]: Any closed connected n-manifold admits a Morse function f with one critical point of index zero and one critical point of index n (see e.g. Matsumoto's "Introduction to Morse Theory", Theorem 3.35). If n is odd, you can slide all handles of index $< \frac{n}{2}$ to below $f^{-1}(\frac{1}{2})$ and all handles of index $> \frac{n}{2}$ to above $f^{-1}(\frac{1}{2})$, and "split along" the connected $n-1$-manifold $f^{-1}(\frac{1}{2})$.
Parenthetically, $4$--manifolds do have their own concepts of Heegaard diagrams. Namely, the union N of the 0 handle with all the 1-handles, together with frames closed curves on the boundary $\partial N$ along which we are to attach 2-handles. See e.g. Section 5.3 in Matsumoto's book for details.