I don't have a problem with checking other players' resources, I was just wondering if there were other benefits or costs. The freeze takes about 20-30 seconds, and whenever an auction starts in a video, I immediately skip forward by 20 seconds. Auctions are pretty boring to watch.
If auctions were unpaused, there would be pressure for anyone who wanted to win it to resolve it quickly. This creates significant time pressure to win auctions quickly and think maybe a little too fast. Paused auctions are the opposite; players who want to win auctions delay bids until the last second, in order to deter spite bids from jacking the price up, by pretending that their own bids are spite bids.