Legibility is Not Interpretability: Comparing Judged and Actual Importance in Chain-Of-Thought Reasoning
Readable chain-of-thought is not a reliable map of which steps caused a correct answer. Treat step-level LLM critiques as partial signals, especially on already-correct traces.
The study defines a reasoning step’s importance as its **advantage**: the change in expected reward when that step is included, estimated through Monte Carlo rollouts. Capable LLM judges beat a prevalence baseline at finding high-advantage steps but remained below the **noise ceiling**.
Builders using reasoning traces to debug agents or train process rewards should validate textual critiques against behavioral interventions. A plausible explanation of a step is not evidence that the step materially changed the final result.
The study defines a reasoning step’s importance as its **advantage**: the change in expected reward when that step is included, estimated through Monte Carlo rollouts. Capable LLM judges beat a prevalence baseline at finding high-advantage steps but remained below the **noise ceiling**. Builders using reasoning traces to debug agents or train process rewards should validate textual critiques against behavioral interventions. A plausible explanation of a step is not evidence that the step materially changed the final result. Fine-tuning a step-level critic improved judgments for **incorrect responses**, but performance on **correct responses** stayed far from the ceiling. The material provides no numeric effect sizes, so it supports a directional warning rather than a threshold for accepting or rejecting critics.
This separates readable explanations of reasoning from evidence that a step caused success. Against prior judge-integrity concerns, it adds an intervention-based target: compare textual critiques with the reward change produced by including the step. Fine-tuning helps identify important steps in incorrect answers but leaves correct-answer analysis well below the attainable ceiling, limiting process critics as debugging or training authorities.