keynesian beauty contest
Word Rarity
Rare
Frequency: Zipf frequency 2.73 in modern English
36
Scrabble Score
22
Letters
6
Syllables
12
Unique Chars
Meaning
noun
A theoretical beauty contest where judges are rewarded for selecting the most popular faces among all judges, rather than those they personally find the most attractive. The idea may be applied to the buying of stocks in financial markets.