arXiv AI By Shweta Mishra, Shashank Mishra

When Does Memory Help? A Cost-Aware Evaluation of Long-Term Memory in Tool-Using LLM Agents

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The paper introduces MERIT, a benchmark that evaluates the marginal benefit of long‑term memory for tool‑using large language model agents while explicitly accounting for cost. MERIT provides episodic tool‑use tasks across three domains, verifies dependence on earlier‑episode facts, and measures memory operations in tokens and dollars. Experiments on GPT‑4.1‑mini, Claude Haiku 4.5, and Claude Sonnet 5 show that memory can significantly improve task success, but its utility varies widely across models and memory implementations, and full replay is rarely cost‑effective.

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