I say sure why not, go for it!! Just make sure you have the emotional trust earned and build and solid and strong before you decide to do this the both of you. Like others have said and have given great advice: make sure you have a safe word you say when the tickling gets too be too intense and too much-need tickling to stop. Have a slow word-make sure guarantees he slows down and you talk about what is wrong or needs to happen or if he needs to go slower; then if you feel comfy continue the tickling. Whether you are bound in light bondage or not, whether that is silk scarves around bed posts or light restraints-velcro underbed kind that unsnap from velcro-you can find it in spencer's or adult store, up to you and your partner. Then after you have discussed your boundaries what is allowed and not allowed when tickling wise and things are clear before this tickle/bondage time. Then ENJOY!!!
Like others have said if you do any of this light bondage-start light and slowly-gradual procession.
Maybe just the hands or the feet bound separately at first and see how you do with that, that way you don't feel completely bound and tied down, or if you wish both feet and hands bound-how about lightly but firmly restraining-but some wiggle room and not completely tethered down. Hope that helps.
First time I ever was bound when being tickled and spending special intimate time with my guy that is now my hubby-I allowed my guy to restrain and tie up my hands to the headboad of my daybed but not to restrain my feet and at first I left the blind fold off and then later used the blindfold with hands still bound...let me tell you it was a great positive fun experience, very great and very pleasurable!! He tickled me like that also and it was very great!! Keep in mind at this time early on first dating-I had no idea my hubby had a passion and love for tickling-so when he confessed his passion for tickling soon after a mutual friend of ours-she admits she loved tickling....greatly surprised me to find out my guy loved tickling so much!! But it was a great discovery.
Now it is great because we share the great love and passion for tickling-totally a incredible amazing experience. Nothing like being bound and restrained and playfully teased and tickled, and loved and pleasured restrainted and being tickled while being helpless and can't get away, a thrill a rush like no other. Soon after this happened more tickles sent my way-I discovered my great love for tickling, then lead to underbed restraints velcro found and purchased at an adult store, fur handcuffs and silk scarves-once tickled when standing against a door w over door velcro restraints, pretty awesome!! So tickling and bondage is a incredible adventure, promise once you do, bet you are going to love it, so talk it out, be solid on what you wish to do and go for it.
Let us and let me know what you thought and how your great fun tickle/bondage/erotica adventure goes. Have a great day.

