Think More or Read More? A Token-Budget Theory of Reasoning with Shared Context
Reasoning systems increasingly improve answers by incorporating additional context into the model's input, from multi-agent debate, where agents read their peers' responses, to self-refinement, where a model revisits its own drafts. In these systems, communication consumes context as one agent's output becomes another's input. We study the regime where token reading and generation draw on one fixed token window, so every token spent reading is a token that cannot be spent reasoning. We develop a \textbf{token-budget theory} that formalizes this trade-off, modeling accuracy as a function of the reasoning budget remaining after reading and aggregating votes with a Condorcet jury model that ...
| Authors | Manh Nguyen, Sunil Gupta, Hung Le |
|---|---|
| Primary category | cs.CL |
| Published | 16 October 2026 |
| Last updated at source | 16 October 2026 |
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