New study reveals how travel time savings should be valued!
The article discusses whether travel time savings should have different values based on people's incomes. The researchers suggest that for projects funded by taxpayers, values of time should be based on how much time is worth to individuals, not how much money they make. They found that differences in time values mainly come from how valuable time is to each person, not how much money they have. This means that the actual time values of travelers should be considered when deciding on projects.