Not Enough Meaning
We imagine things and people we're familiar with or fond of as better
Well–traveled road effect
Description
The tendency to underestimate the time it takes to traverse a familiar route and overestimate the time it takes to traverse an unfamiliar route.
Well–traveled road effect in business decision
An experienced project manager might underestimate the time needed for routine project tasks they've done many times before, leading to overly optimistic deadlines.
Well–traveled road effect in personal life decision
You underestimate the time to drive your usual route but overestimate the time for a new route, because the familiar trip seems quicker.