beauty contest


Also found in: Dictionary, Thesaurus, Acronyms, Wikipedia.

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 Falcon Beauty Contest, to be overseen by the Emirates Falconers' Club, is another show stopper and accepts entries in the categories of Gyr-Horr (Peregrine), GyrShahin and Male Gyr.
While dad had the knobbly knees contest and children lined up for the talent shows, the beauty contest was the highlight of many a holiday camp season from the 1950s onwards.
This is the ninth time Chitwan Elephant festival has been held in Nepal and the third time the elephant beauty contest has been part of the festivities
Twelve Filipino contestants took part in the beauty contest.
As First Princess in an earlier event, the Southern Africa International beauty contest, Miss Malulu represented Africa at the Kosovo event together with beauty queens from fourteen other countries.
She had finished seventh in the regional beauty contest.
Nesha - who goes to Fartown High School - is also through to the finals of the Photo Vista Beauty contest and the Miss Teen GB semi-finals.
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.
Even if Siobhan is not crowned the winner, she will make history as being the first profoundly deaf woman to win a place in the finals of a mainstream British beauty contest.
STUDENTS in Coventry will be challenged to turn models into celebrity look-a-likes at their college's annual hairdressing and beauty contest.
Miss Moral Beauty, Saudi <p>The kingdom held its first ever beauty contest this year.
ANTALYA, Jul 13, 2009 (TUR) -- Miss Siberia won on Sunday a beauty contest in Turkey.