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Paper · arXiv

On the Token Value Inequality in Efficient Reasoning

Chain-of-Thought reasoning has enabled large language models to achieve substantial performance gains on complex tasks. However, these gains come at the cost of dramatically increased token consumption. This raises a fundamental question: is every token in the reasoning trace equally valuable? We present a diagnostic and optimization framework grounded in a key empirical finding: the value of tokens within a CoT reasoning sequence is highly non-uniform, and this non-uniformity can be effectively characterized by token-level log probability signals. We show that normalized log probability helps distinguish core tokens, which carry structural and decisive reasoning content, from redundant t...

AuthorsRunjia Zeng, Hang Hua, Yiyang Liu et al.
Primary categorycs.CL
Published27 September 2026
Last updated at source27 September 2026
cs.CLcs.AI
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