No, I am willing to pay $0.01 more but not infinity more, there's a difference
"I made my max bid $500.00, but I'd have paid $500.01!"
"I made my max bid $500.01, but I'd have paid $500.02!"
"I made my max bid $500.02, but I'd have paid $500.03!"
…where does this process end?
The way you've put it, always exactly 1¢ above your max bid.
I can't give you a precise number, but it's somewhere above $0 and below $∞
"I made my max bid $500.00, but I'd have paid $500.01!"
"I made my max bid $500.01, but I'd have paid $500.02!"
"I made my max bid $500.02, but I'd have paid $500.03!"
…where does this process end?
The way you've put it, always exactly 1¢ above your max bid.
I can't give you a precise number, but it's somewhere above $0 and below $∞