beauty contest

(redirected from Beauty contests)
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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 ?
It first appeared on BBC TV in 1959 and struck a chord, and the popularity of beauty contests surged over the next 20 years.
She also added that this year's batch is so much prepared to take on the challenges of international beauty contests as many of them do not only look good they also speak well.
During the staging of the 1994 Miss Universe beauty contest in the Philippines, Alcasid toured with the candidates of the prestigious beauty pageant.
Globe beauty contest, the most prestigious of its kind for women who are married or are parents.
Horses ready to take part in the beauty contest in Souq Okaz.
It first appeared on BBC TV in 1959 and struck a chord, as the popularity of the beauty contest surged over the next 20 years.
India last won the beauty contest in the year 2000, when actress Priyanka Chopra took home the crown.
"It is only fitting that the world's most iconic and premier beauty contest will take place in Russia's most premier venue, Crocus City Hall."
Nearly 25,000 of the Gulf's prettiest camels have gathered in Abu Dhabi for an annual beauty contest that honours the country's heritage.
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.
The pageant is one of the most publicized beauty contests in the world with 600 million viewers.
And in those un-PC days, beauty contests were all the rage.