Harnessing the Reasoning Economy: A Survey of Efficient Reasoning for Large Language Models
On the map: LLM reasoning → Test-time compute and efficient thinking
Abstract (arXiv)
Recent advancements in Large Language Models (LLMs) have significantly enhanced their ability to perform complex reasoning tasks, transitioning from fast and intuitive thinking (System 1) to slow and deep reasoning (System 2). While System 2 reasoning improves task accuracy, it often incurs substantial computational costs due to its slow thinking nature and inefficient or unnecessary reasoning behaviors. In contrast, System 1 reasoning is computationally efficient but leads to suboptimal performance. Consequently, it is critical to balance the trade-off between performance (benefits) and computational costs (budgets), giving rise to the concept of reasoning economy. In this survey, we provide a comprehensive analysis of reasoning economy in both the post-training and test-time inference stages of LLMs, encompassing i) the cause of reasoning inefficiency, ii) behavior analysis of different reasoning patterns, and iii) potential solutions to achieve reasoning economy. By offering actionable insights and highlighting open challenges, we aim to shed light on strategies for improving the reasoning economy of LLMs, thereby serving as a valuable resource for advancing research in this evolving area. We also provide a public repository to continually track developments in this fast-evolving field.
Key facts. Cited by 35 papers in the map (data through 7 Oct 2026). Placed in Test-time compute and efficient thinking, one of 17 directions in LLM reasoning. Builds on 122 of its 243 references that are in the map. First posted on arXiv 31 Mar 2025.
Builds on
122 of 243 references.
Closest ancestors · 36
Same direction, newest first
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50 most cited of 86 All 86 (JSON)
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Citing papers per year: 2025: 28; 2026: 7.
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- 2026</think> Doesn't Stop Reasoning: Analysis of Spurious CoT Termination3 Sep 2026
- 2026Test-time reasoning effort and unauthorized tool use in language-model agents: a prespecified equivalence study4 Aug 2026
- 2026Dynamic Rollout Editing for Reducing Overthinking in RL-Trained Reasoning Models16 Jun 2026
- 2026Can We Trust LLMs on Memristors? Diving into Reasoning Ability under Non-Ideality14 Mar 2026
- 2026The Vision Wormhole: Latent-Space Communication in Heterogeneous Multi-Agent Systems17 Feb 2026
- 2026Learning to Self-Verify Makes Language Models Better Reasoners7 Feb 2026
- 2026Segment-Level Attribution for Selective Learning of Long Reasoning Traces31 Jan 2026
- 2025From Perception to Reasoning: Deep Thinking Empowers Multimodal Large Language Models17 Nov 2025
- 2025EffiReason-Bench: A Unified Benchmark for Evaluating and Advancing Efficient Reasoning in Large Language Models13 Nov 2025
- 2025Word Salad Chopper: Reasoning Models Waste A Ton Of Decoding Budget On Useless Repetitions, Self-Knowingly1 Nov 2025
- 2025Multimodal Spatial Reasoning in the Large Model Era: A Survey and Benchmarks29 Oct 2025
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