A pooled RP/SP mode, route and destination choice modeling approach to capture the heterogeneity of mode and user type effects in Austria

Mode choice models have been extensively used to evaluate policy implications and level-of-service changes, providing a powerful tool in transport planning for developing effective travel demand forecasts (Bhat, 1998). As a key valuation indicator, the value of travel time has always been subject to extensive debate in both academia and politics, because savings in travel time have accounted for the biggest share of user benefits in most cost-benefit analysis.