Cheng, X.; Cayseele, P. Van - In: Competition and Regulation in Network Industries LVI (2011) 1, pp. 10-30
Many contributions to the literature on competition in banking use the Panzar and Rosse test (1987). This test encompasses a variety of market outcomes assuming firms maximize profits. However, when applied to the banking industry, this assumption may not be always valid as banks sometimes may...
