Reading more of it, it looks an awful lot like the business model behind YCH auctions-- Your Character Here. That's a very successful model, and it often result

Reading more of it, it looks an awful lot like the business model behind YCH auctions-- Your Character Here. That's a very successful model, and it often results in prices $400+, which is about 2-3x more than what artists often charge otherwise. That said, YCH is a more traditional auction over a single piece, not a Vickrey auction over a specific supply. According to this model, a Vickrey model would be: - Scope the work to a specific standard that the artist specifies, in terms of colors, quality, characters, background, etc. That way, the bid is on a roughly equivalent amount of labor per piece. - People put in (blind) what they're willing to pay - When demand is exceeded, the nth+1 highest is what everyone pays. Very fair! I'd be curious if there'd be a way to price something more custom; for example, putting a price on the number of hours required for each feature (more color or shading, more characters, etc.), how would that affect such a pricing dynamic?