Elizabeth Fama is a young-adult author, best known for her book Overboard (Cricket Books, 2002), a novel for ages 11 and up, set in Indonesia. It was named a 2003 Best Book for Young Adults by the American Library Association (one of only eleven books selected unanimously by the committee that year), it received the 2002-2003 honor award for children's fiction from the Society of Midland Authors, and it was nominated for five state readers' choice awards (New Hampshire, Texas, Illinois, Utah, and Florida).
Elizabeth attended University of Chicago Laboratory Schools. She has a BA (1985) in biology with honors from the University of Chicago, and an MBA (1991) and PhD (1996) in economics and finance from the University of Chicago Graduate School of Business.
Elizabeth is the daughter of Eugene Fama. She is married to John H. Cochrane.