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 ?
Preparations for the beauty contest are done in several stages, starting with giving the camels healthy food.
India last won the beauty contest in the year 2000, when actress Priyanka Chopra took home the crown.
Starting as a religious tradition, these evolved into the earliest form of beauty contests in the Philippines.
Paula Shugart, MUO president, said billionaire Donald Trump, owner of the MUO wants Jenner to judge the 2015 Miss USA beauty contest in Baton Rouge, Louisiana on July 12.
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.
Their enthusiastic participation in the ' Miss Bihar' beauty contest in Patna is a pointer to the fact that they are finally shedding their inhibitions about such shows.
Joan told Amber many stories about her beauty contest days and also about some of the famous people she met.
Above, Doris Bubb; left, a card advertising a Kodak competition from the bygone age of beauty contests, top left, Olive Holland; top right, a card for the Daily Express Beautysnaps Contest which Doris and Olive entered.
A FURIOUS row has engulfed the glittering world of beauty contests, sending feathers flying on the catwalk.
BEAUTY FOR A SECOND TIME: Pictured sitting in the sunshine in August 1982, winning beauty contests was getting to be a habit for 18-year-old Eston secretary Angela Walker from Hutton Road.
SOUTHPORT'S a town with a rich entertainment history - from its beauty contests and funfairs, to its elegant streets and gardens .