Peter O. Steiner

IntroAmerican economist
Was Economist 
From United States of America 
Type Finance 
Birth 9 July 1922 
, New York City, New York, U.S.A.
Death 26 June 2010 
, Ann Arbor, Washtenaw County, Michigan, U.S.A.
(aged 88 years)
Star sign Cancer

Peter Otto Steiner (July 9, 1922 – June 26, 2010) was a noted economist and Professor Emeritus of Economics at the University of Michigan. His research was on a wide range of topics and he published several books including (with Richard G. Lipsey) a standard textbook, and on the Economic Status of the Aged (Jointly with Robert Dorfman) but is perhaps best remembered for his work, also jontly with Dorfman, on advertising. The Dorfman–Steiner theorem carries his name. He also served as President of the American Association of University Professors (AAUP).

Selected publications


  • Steiner, Peter O. (1957). Mergers: Motives, effects, policies. Ann Arbor: University of Michigan Press. 
  • Steiner, Peter O.; Dorfman, Robert (1957). The economic status of the aged. University of California Press. 
  • Steiner, Peter O.; Lipsey, Richard G. (1966). Economics. New York: Harper & Row. 

Journal articles

  • Steiner, Peter O.; Dorfman, Robert (1954). “Optimal advertising and optimal quality”. American Economic Review. 44 (5): 826–836. 
  • Steiner, Peter O. (1957). “Peak loads and efficient pricing”. Quarterly Journal of Economics. 71 (4): 585–610. doi:10.2307/1885712. 
  • Steiner, Peter O.; Bergmann, Barbara R.; Poston, Muriel E. (May–June 1998). “Academic freedom and tenure: University of the district of Columbia: Massive terminations of faculty appointments”. Academe. American Association of University Professors. 84 (3): 46–55. doi:10.2307/40251266. JSTOR 40251266.