When Agents Slow Down: Understanding LLM Agents’ Test-Time Strategies via Elo-per-token Analysis

Published in arXiv Preprint, 2026

Authors: Kaiyuan Liu, Qiuyang Mang, Bo Peng, Wenhao Chai, Hanchen Li, Shreyas Pimpalgaonkar, Luke Zettlemoyer, Alex Dimakis, Alvin Cheung