# From Heard to Lived Opinions: Simulating Opinion Dynamics with Grounded LLM Agents in Economic Environments

arXiv: https://arxiv.org/abs/2603.26701 · HTML: https://mlsanity.com/paper/2603.26701/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Placed in Social simulation and multi-agent debate, one of 16 directions in LLM agents and tool use.
- Builds on 8 of its 29 references that are in the map.
- First posted on arXiv 17 Mar 2026.

## Placed in

- LLM agents and tool use / [Social simulation and multi-agent debate](https://mlsanity.com/agents/social-simulation-and-multi-agent-debate/)

## Builds on (most cited first, 8 of 8)

- [The Llama 3 Herd of Models](https://mlsanity.com/paper/2407.21783/) (2024)
- [Generative Agents: Interactive Simulacra of Human Behavior](https://mlsanity.com/paper/2304.03442/) (2023)
- [MiniLM: Deep Self-Attention Distillation for Task-Agnostic Compression of Pre-Trained Transformers](https://mlsanity.com/paper/2002.10957/) (2020)
- [AgentSociety: Large-Scale Simulation of LLM-Driven Generative Agents Advances Understanding of Human Behaviors and Society](https://mlsanity.com/paper/2502.08691/) (2025)
- [EconAgent: Large Language Model-Empowered Agents for Simulating Macroeconomic Activities](https://mlsanity.com/paper/2310.10436/) (2023)
- [Simulating Opinion Dynamics with Networks of LLM-based Agents](https://mlsanity.com/paper/2311.09618/) (2023)
- [Language-Driven Opinion Dynamics in Agent-Based Simulations with LLMs](https://mlsanity.com/paper/2502.19098/) (2025)
- [Agent-Based Simulation of a Financial Market with Large Language Models](https://mlsanity.com/paper/2510.12189/) (2025)

## Abstract (arXiv)

Opinion dynamics (OD) studies how individual opinions evolve and generate collective patterns such as consensus and polarization. While recent work explores OD using populations of LLM-based agents focusing on opinion exchange, it typically does not incorporate individuals' lived experiences, such as economic outcomes of past decisions, which play a critical role in shaping opinions. We propose a novel OD simulation framework that grounds LLM-based agents in an economic environment, allowing them to act and receive environmental feedback. Our simulations exhibit coherent OD at both individual and population levels: individual opinions follow structured trajectories shaped by economic experiences, with adverse conditions inducing opinion rigidity, while at the population level, collective opinions co-move with economic conditions, with inequality amplifying polarization and price instability driving larger distributional shifts. These results highlight the importance of grounding LLM-based agents in environments to capture collective OD.