PRISM: A Principled Framework for Multi-Agent Reasoning via Gain Decomposition

Multi-agent collaboration has emerged as a promising paradigm for enhancing reasoning capabilities of Large Language Models (LLMs). However, existing approaches remain largely heuristic, lacking principled guidance on what drives performance gains and how to systematically optimize multi-agent reasoning. Specifically, it remains unclear why multi-agent collaboration outperforms single-agent reasoning and which design choices contribute most to these gains, making it difficult to build better systems.