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Conformal Thinking: Risk Control for Reasoning on a Compute Budget

Reasoning Large Language Models (LLMs) benefit from test-time scaling, with accuracy improving as token budget increases, motivating adaptive reasoning. However, setting token budgets and thresholds involves a risk-accuracy trade-off. This paper re-frames budget setting as risk control, limiting error rate while minimizing compute. It introduces an upper threshold to stop when confident and a lower threshold to stop unsolvable instances. Using distribution-free risk control, the framework optimally specifies stopping mechanisms given a target risk and validation set. Experiments across diverse tasks and models demonstrate computational efficiency gains while adhering to risk targets.

content type paperpublished July 2026

Conformal Thinking: Risk Control for Reasoning on a Compute Budget

AuthorsXi Wang†*, Anushri Suresh†*, Alvin Zhang†*, Rishi More†*, William Jurayj†, Benjamin Van Durme†, Mehrdad Farajtabar, Daniel Khashabi†, Eric Nalisnick†

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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 mechanisms. Empirical results across diverse reasoning tasks and models demonstrate the effectiveness of our risk control approach, demonstrating computational efficiency gains from the lower threshold and ensemble stopping mechanisms, all while adhering to the user-specified risk target. Code is available at https://github.com/xidulu/reasoning_risk_control/.

† Johns Hopkins University

  • Equal contribution

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