Conformal Thinking: Risk Control for Reasoning on a Compute Budget
Xi Wang, Anushri Suresh, Alvin Zhang, Rishi More, William Jurayj, Benjamin Van Durme, Mehrdad Farajtabar, Daniel Khashabi, Eric Nalisnick

TL;DR
This paper introduces a risk control framework for adaptive reasoning in large language models, optimizing token usage by balancing confidence thresholds and early stopping to improve efficiency without exceeding error limits.
Contribution
It proposes a novel risk-based approach to set adaptive stopping thresholds, ensuring reliable reasoning while minimizing computation across diverse tasks.
Findings
Risk control effectively limits error rates in LLM reasoning.
The approach improves computational efficiency with minimal accuracy loss.
Empirical results validate the method across multiple models and tasks.
Abstract
Reasoning Large Language Models (LLMs) enable test-time scaling, with dataset-level accuracy improving as the token budget increases, motivating adaptive reasoning -- spending tokens when they improve reliability and stopping early when additional computation is unlikely to help. However, setting the token budget, as well as the threshold for adaptive reasoning, is a practical challenge that entails a fundamental risk-accuracy trade-off. We re-frame the budget setting problem as risk control, limiting the error rate while minimizing compute. Our framework introduces an upper threshold that stops reasoning when the model is confident (risking incorrect output) and a novel parametric lower threshold that preemptively stops unsolvable instances (risking premature stoppage). Given a target risk and a validation set, we use distribution-free risk control to optimally specify these stopping…
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