Ignoring key factors in travel choices leads to undervaluing time savings.
The study looked at how people make choices when considering different factors, like travel time savings. They found that when some factors are ignored by individuals, it can affect how much they value saving time. By taking into account which factors people pay attention to, the researchers showed that the value of travel time savings can change significantly. This means that understanding what people focus on when making choices is important for accurately estimating the value of time saved during travel.