Consumer Information and the Cybernetic Control of Markets: A Model Explored in the Beauty Market

Hannah Bensussan

Journal of Economic Issues, 2025, vol. 59, issue 1, 140-165

Abstract: The unprecedented access to consumer information through digital technologies seems to have had two unrelated consequences on markets for final goods. It has been used to enhance product innovation and accelerate commodity circulation. Building on a multi-disciplinary literature on these phenomena, from marketing and management to industrial economics, this article proposes to model them as “feedback processes” that complement one another to allow markets to expand and profit to be accumulated. We explore this hypothesis in a qualitative study of the beauty market, which shows the tight relationship between devices operationalizing innovation and circulation.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00213624.2025.2455653 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:59:y:2025:i:1:p:140-165

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20

DOI: 10.1080/00213624.2025.2455653

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().