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 ?
The reality TV star and redneckalicious child pageant queen is coming, y'all 17 doggy style Celebs are wearing Angry Dog T-shirts worth PS120 each.
And, according to the Hollywood Reporter, the Republican confab last Wednesday even had the embarrassing distinction of being outperformed on every station among viewers 18 to 49 years old by the TLC reality show, "Here Comes Honey Boo Boo," which centres on the family of a 6-year-old pageant queen who says things like "a dolla makes me holla.
I'm not your stereotype pageant queen and we're not bimbos.
Women's groups claimed the former champion should not be allowed into the UK to make money from a tour after being convicted of the rape of a beauty pageant queen in 1992 - for which he served three years in jail.
His first board meeting was July 22, and the matters discussed included an appeal by a community pageant queen and whether students should be allowed to use a calming agent on livestock.
The peladao beauty pageant queen in 2002, 19-year-old Priscilla Meirelles, went on to win free Miss Beach pageant in Mexico and later won Miss Brazil.
She played a pageant queen in a modernised version of the morality tale in the 1951 British satire Lady Godiva Rides Again.
HOUSTON -- Limbs of Love will celebrate Valentine's Day by delivering prosthetic limbs to three deserving patients: a teenage beauty pageant queen, a 17-year-old girl that lost her leg to cancer, and a grandmother who is unable to keep up with her grandchildren.
Anna Lisa Matais is a 25-year-old from San Francisco, and is a pageant queen.
Gaga first appears in what looks like a scandalous wedding dress, but is seen waving like a pageant queen, before showing off her naked body covered in moss as she adorns a brown wig and cries.
The 23-year-old single mum from Aberdeen has carved out a successful new career as a model and pageant queen, having already won the coveted Miss Cannes Film Festival title last year and, most recently, lifting the Europe's Perfect Miss crown.