Tsionas, Efthymios G. - In: Journal of risk and financial management : JRFM 13 (2020) 5/101, pp. 1-5
In a recent paper, Karadima and Louri use frontier-based measures of market power and bank competition in an application to Euro Area banking. The purpose of the present note is to access their paper in a critical way, as there are certain fallacies and errors.