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 ?
A beauty contest in Tynemouth, 1959 (BBC Newcastle)
Since the Miss Taiwan Beauty Contest is only held every 2 years, winners represent Taiwan for a span of two years rather than one.
Reports say that a lot of contestants from India and Africa had entered the beauty contest, which was judged by Beauty.AI, a complex algorithm that determines what true beauty is.
Bahrain Sport Channel will air the Falcon Beauty Contest live from 01:30 PM.
Isler even revealed in the statement that every time she visits the city she feels right at home and stated that it's a beauty contest and not about "political ideology." With the latest Venezuelan government crisis, the pageant aims to bring all Venezuelan together and as what Isler said, they are there to represent the country.
Perhaps, that would be a male beauty contest, however, everything suggests that the publisher would come up with some entirely fresh, out-of-the-box idea.
To the amusement of all Nashaee Times donkey owned by Ch Jabbar won the beauty contest, which was unique in many ways and first of its kind.
We are indeed overwhelmed by the interest drawn by this exhibition and looked forward to hosting yet another successful edition." The Arabian Saluki Beauty Contest, a popular feature of ADIHEX, invites owners of Arabian Saluki dogs to enter their pets in two categories - Hoss and Reesh -to win cash prizes, plaques and certificates.
Nowadays the beaming smile is often brighter than the crown when a beauty contest queen is presented with her winning sash and tiara.
The 20-year-old Teesside University student has beat off stiff competition to make it through to the final of the beauty contest.
Summary: Elephants take part in the 2012 elephant beauty contest in Nepal.
Summary: Shaikh Hamdan bin Zayed Al Nahyan, the Ruler's Representative in the Western Region, attended the finals of the camel beauty contest, held as part of Al Dhafra Festival, on Saturday evening.