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 ?
Beauty pageants have been designed for male eyes only.
PAGEANT mum Roxanne Moss is right - what's the harm in holding beauty pageants for young girls (Mirror, September 5)?
The final will be held in Dharamsala on sixth June," said Lobsang Wangyal, Director, Miss Tibet Beauty Pageant 2010.
WOMEN of all nationalities are being invited to compete in one of Bahrain's most popular beauty pageants that will take place early next month.
The 29-year-old's daughter, Luna, now one, last year became the youngest tot in the UK to enter a beauty pageant at just six weeks old.
Laura Ayre, 25, was taking part in a beauty pageant for the first time after recently losing five and a half stone.
Navneet Kapoor, CEO and President, Square Entertainment, a division of Square Communications Pvt Ltd said, "Miss India Worldwide India is a niche beauty pageant reaching out to the global Indians worldwide, and we are thrilled to get ownership of this property.
The Miss Duniya Pageant focus for its contestants is to enhance the inner and outer beauty of Modern Women while they gain self-confidence and passion within themselves; thus, the Miss Duniya Beauty Pageant 2015 slogan is "I Am Beautiful".
The beauty pageant will be held annually at the national level," said the spokesperson.
Fast forward to this week, and World's Pushiest Mother accolade goes to the pregnant woman who entered her 20-week antenatal scan in a beauty pageant.
VKontakte, the Russian equivalent of Facebook, blocked the Web site of the Miss Hitler 2014 beauty pageant because of its push for violent actions on Jews.
A PROMISING Rawthorpe actress will tread the boards for a whole new cause after being named regional finalist in a beauty pageant.