@article{howchainofthoughtworkstracinginformation,
  title = {How Chain-of-Thought Works? Tracing Information Flow from Decoding, Projection, and Activation},
  author = {Hao Yang and Qinghua Zhao and Lei Li and Lingyi Meng and Mengda Yu},
  year = {2025},
  eprint = {2507.20758},
  archivePrefix = {arXiv},
  url = {https://arxiv.org/abs/2507.20758},
}