Caterpillar of Thoughts: The Optimal Test-Time Algorithm for Large Language Models
By Amir Azarmehr, Soheil Behnezhad, Alma Ghafari
Models LLM test-time computation as a Markov chain where the algorithm can backtrack to any previous state. Derives the optimal strategy ('Caterpillar of Thoughts') for allocating a fixed computation budget, providing theoretical foundations for test-time compute.