Competitive Market Behavior of LLMs
cs.MA, cs.AI, econ.GN, q-fin.EC
Submitted: 2026-09-02
Updated: 2026-09-02
Code: https://github.com/jswistak/competitive-market-simulation
License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
Terminology
Sources
- Evaluating LLM Agent Collusion in Double Auctions
- Vending-Bench: A Benchmark for Long-Term Coherence of Autonomous Agents
- The Coming Crisis of Multi-Agent Misalignment: AI Alignment Must Be a Dynamic and Social Process
- Put Your Money Where Your Mouth Is: Evaluating Strategic Planning and Execution of LLM Agents in an Auction Arena
- Can Generative AI agents behave like humans? Evidence from laboratory market experiments
- Algorithmic Collusion by Large Language Models
- EconEvals: Benchmarks and Litmus Tests for Economic Decision-Making by LLM Agents
- Large Language Models Empowered Agent-based Modeling and Simulation: A Survey and Perspectives
- LLM Agents Do Not Replicate Human Market Traders: Evidence From Experimental Finance
- Large Language Models as Simulated Economic Agents: What Can We Learn from Homo Silicus?
- An Experimental Study of Competitive Market Behavior Through LLMs
- Strategic Collusion of LLM Agents: Market Division in Multi-Commodity Competitions
- Machine Spirits: Speculation and Adaptation of LLM Agents in Asset Markets
- LLM Bidders Preserve the Mechanism-Level Orderings of Human Bidders
- CompeteAI: Understanding the Competition Dynamics in Large Language Model-based Agents
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