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"it would probably also be very sensitive to market changes in demand for developers / designers." So is your market rate as a freelancer.
by vpdn 15y ago
"it would probably also be very sensitive to market changes in demand for developers / designers."
So is your market rate as a freelancer.
- MortenK 15y agoYeah, that's the point. Freelancing rates and salaries take a dive during low demand. An auction is focused on getting a high price for something which is in high demand. If there is not a high demand, you wouldn't have a need for an auction model (when talking services / hours, not physical products). Unlike a physical product, every developer / designer will have a minimum price which they won't go below. Thus the auction will never favor the buyers. In a low market, buyer will pay only minimum price, hence the auction format loses its purpose, as there will be no bids.