CoRenew: A large language model agent-based policy simulation platform for multifamily residential redevelopment
The paper introduces CoRenew, an open-source platform for simulating negotiations among stakeholders in multifamily residential redevelopment using LLM-based agents, with validations against survey responses and real-life negotiation data.
The novelty of this paper lies in the development of CoRenew, an open-source platform for simulating multistakeholder negotiations in multifamily residential redevelopment using LLM-based agents and validating it using survey responses and real-life negotiation data.
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Applications
- →Assessing policies across different institutional and cultural contexts
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- Understanding of multifamily residential redevelopmentfind papers →
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Abstract
More Like ThisThe difficulty of collective action remains a central challenge in the design of policies for multifamily residential redevelopment. Stakeholders continually adjust their decisions in response to evolving negotiation contexts and the reactions of others, meaning that when a policy intervenes and which stakeholders it targets can substantially reshape collective outcomes. Assessing these adaptive responses ex ante remains difficult because existing simulation models often rely on predefined behavioral rules. Here, we present CoRenew, an open-source platform that uses LLM-based agents to simulate negotiations among multiple stakeholders and evaluate the effects of alternative policy combinations. Integrating open source geographic and demographic data, the platform can generate synthetic residents, simulate negotiation dynamics under alternative policy settings and compares policy performance across competing objectives. It supports both numerical and semantic policy inputs and includes built-in tools for visualization and result export. We validate its behavioral realism against survey responses from 324 residents and a nine-month observed negotiation process from a real redevelopment case. With its modular and adaptable architecture, CoRenew can be used to assess policies across different institutional and cultural contexts.