One of the main issues in the development of future Grid and Peer-to-Peer (P2P) networksystems is the efficient exploitation of services and resources available in the network.A scalable, dynamic, and adaptable allocation mechanism is essential so that quality ofservice requirements from network...

Within a standard framework à la Arrow-Debreu, we investigate the dynamics emerging from the interactions of heterogeneous households and firms that are adaptive price setters and financially constrained. We show that depending on the stringency of the financial constraints the model can settle...