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

Author

Listed:
  • Hannah Bensussan

    (Université Sorbonne Paris Nord)

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.

Suggested Citation

  • Hannah Bensussan, 2025. "Consumer Information and the Cybernetic Control of Markets: A Model Explored in the Beauty Market," Post-Print hal-05026594, HAL.
  • Handle: RePEc:hal:journl:hal-05026594
    DOI: 10.1080/00213624.2025.2455653
    as

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