Current physiologically based models incorporate feedback. Alas a majority of them are dependent on the traditional travelling wave process. This is not a problem however, I can use the travelling wave as a passive mode of input if the research community suggests it is the way
Perhaps the biggest problem with feedback models is that they don't specify the physiological correlation between the feedback and the hair cell, Organ of Corti nor Cochlea.
Here are some feedback models with no physiological basis for the feedback : a] Zwicker's fantastic model - which begins with the travelling wave [1] b] Hopf bifurcation models - which augment the travelling wave. [2] for example.