I wasn’t asking how most people go about determining which goods or services to pay for generally, but rather if you’re noticing that they are using the working hours by salary equation to determine what their time is worth, if it’s to put a dollar figure on what they do in fact value it at, (and that isolates the time element from the effort or cognitive load element)
I didn’t specify nor imply that one route took more cognitive load than the other, only that one was quicker than the other, and that differential would be one such way of revealing the value of time. (Otherwise they’re not, in fact, trying to ascertain what their time is worth at all… but something else)
Nowadays using Public Transport is often no more complicated or takes no more effort than using Uber thanks to Google Maps, but this tangent is immaterial to my question: are you noticing these people are trying to measure how much they DO value their time, or are they trying to ascertain how much they SHOULD value their time?
I wasn’t asking how most people go about determining which goods or services to pay for generally, but rather if you’re noticing that they are using the working hours by salary equation to determine what their time is worth, if it’s to put a dollar figure on what they do in fact value it at, (and that isolates the time element from the effort or cognitive load element)
I didn’t specify nor imply that one route took more cognitive load than the other, only that one was quicker than the other, and that differential would be one such way of revealing the value of time. (Otherwise they’re not, in fact, trying to ascertain what their time is worth at all… but something else)
Nowadays using Public Transport is often no more complicated or takes no more effort than using Uber thanks to Google Maps, but this tangent is immaterial to my question: are you noticing these people are trying to measure how much they DO value their time, or are they trying to ascertain how much they SHOULD value their time?