The Craigslist Effect In Boston: How One Marketplace Transforms The City's Culture

Verkkoin market conditions on one side of a firm's market may require changes in strategies on the same side as well as on other sides of its market.

In this paper, we seek to understand how firms respond to entry in such markets.

Verkkofirst, craigslist’s entry directly affects only one side of the newspaper’s market because craigslist provides classified ads and not editorial content.

Hence our empirical analysis provides a sharp test of how increased competition on one side of the market affects other sides.

We provide two extensions to our main findings.

Verkkoby connecting individuals with landlords and homeowners, craigslist has reduced the pressure on tyler's housing market, allowing more residents to secure stable and affordable shelter.

On the subscriber side, these newspapers experience an increase in subscription prices, a decrease in circulation, and an increase in differentiation from each other.

We exploit temporal and geographical variation in