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

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

Verkkoto understand the pandemicโ€™s impact on the rental market, we assembled a data set on rental housing in the 49 largest metropolitan statistical areas (msas) gathered continuously throughout the crisis from craigslist, the largest website for rental housing advertisements in the united states.

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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.

We provide two extensions to our main findings.

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

Verkkofirst, craigslistโ€™s entry directly affects only one side of the newspaperโ€™s market because craigslist provides classified ads and not editorial content.

We exploit temporal and geographical variation in

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.

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