token economics

token economics (noun phrase)

The practices and tradeoffs involved in managing tokens as a finite, costed resource in AI-driven work. This means deciding how many tokens to spend, how well they're spent, and what they produce. Token economics is an umbrella concept covering a growing family of related ideas, such as token budget, token efficiency, and token quality.

Example: "Good token economics isn't just cutting length; it's making every token count."

Related: token budget, token efficiency, token quality, AI economics