4 ms·
> very rarely would anyone be willing to spend 6 minutes worth of their wages (say, on an express toll lane) to avoid that congestion—turns out this has been st
by whycombagator 7y ago
> very rarely would anyone be willing to spend 6 minutes worth of their wages (say, on an express toll lane) to avoid that congestion—turns out this has been studied and people will pay, on average, more like $3 an hour, or well under minimum wage.
That doesn't quite make sense to me. If someone makes 60k a year (USA GDP per capita) then, roughly speaking, isn't 6 mins of pay for them $3? Most tolls are <= $3 in my experience
- xyzzyz 7y agoThis doesn't make sense to me either. Most people would gladly spend $3 to save an hour of their life.
- comicjk 7y agoIf they thought about the trade-off that way, sure, but people have a desire not to feel "taken advantage of", a feeling which might be triggered by road tolls.
- Johnny555 7y agoExpress tolls here max out at $10 - I'll pay the $10 if it saves me 30 minutes (the toll signs also give expected travel times for the express (toll) lanes compared to the regular lanes).