beauty contest

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Beauty Contest

In Keynesian economics, a concept describing how rational investors are expected to buy and sell securities. According to the theory, in a free market, rational investors tend to buy securities they believe everyone else thinks are valuable, rather than the ones they themselves believe are valuable. That is, because demand for securities drives prices up and down, rational investors attempt to estimate their demand rather than their intrinsic values. The term is based on a fictional newspaper contest in which contestants are asked to identify one woman among six that other people think to be the most beautiful, rather than the woman the contestant likes best himself.

beauty contest

a competition between TRADE UNIONS to gain recognition by an employer for COLLECTIVE BARGAINING and/or representational purposes. See BRIDLINGTON RULES.
References in periodicals archive ?
Although beauty contests don't seem to be PC in today's world, in the 1950s and 1960s, every local village and town provided heats for the Chronicle's Queen of the Sun contest with the grand final at the City Hall.
Then, beauty contests became an object of amusement, which coincided with me becoming a socially conscious teenager with a bristlingly moral distaste of such events.
STUDENT Ann-Marie Walsh, 18, from Huyton, is taking her first steps into the world of beauty contests at Miss England
Sunday's events include working and beauty contests and big-rig races.
There are so many pretty girls in the North East," the veteran of six beauty contests told the Chronicle.
Activity highlights: Arabian Gulf cuisine workshops, Arabic calligraphy workshop, camel beauty contests, tastes of tradition, photography competition, traditional handicrafts workshops and competitions, children's activities,
BEAUTY contests might seem like they're all about high heels and swimwear, but Liverpool student Jessica Page has a far bigger aim for her time in the pageant spotlight.
The talks resulted in launching a commission that will develop a system and schedule of beauty contests in Kyrgyzstan.
Meanwhile, American business magnate Donald J Trump, who owns the Miss Universe Organisation and all its pageants, including the Miss Universe, Miss USA, and Miss Teen USA beauty contests, said he "is thrilled that the contest will be staged in the magnificent city of Moscow".
He said the event began with beauty contests for the camels up to the age of one, and that more beauty contests are being held during the course of the festival in various categories, with about 25,000 camels, belonging to 1,500 farmers, taking part.
She was no stranger to beauty contests as she was also Miss Llandudno Lions and had come second in a Miss Llandudno competition Above: Finalists for the 1981 Miss Delyn beauty contest.
It was in the early 1990s that some beauty contests were held with much fanfare in the state capital but most of them kicked up controversies.