Learn With Elaine: What We Don’t Know We Own

Based on the six hidden rules of ownership, from Netflix passwords to airplane seats, what we don’t know we own shapes our behavior.

Learn With Elaine: How Covid Changed College Applications

By suspending the SAT and ACT, Ivy League colleges diminished transaction costs and made it easier to apply.

Learn With Elaine: Elephants and Avocados

The tragedy of the commons explains why avocados can be more important than elephants.

Learn With Elaine: Superhero Ownership

Even though it does not really exist, a Marvel superhero is intellectual property that a company like Disney can own.

Learn With Elaine: How Transparency Transformed Food Shopping

When the development of cellophane let us have self-service food shopping for meat and produce, it started a retailing revolution that economists call creative destruction.