transit subsidies

Market Urbanism has posted a fairly technical explanation why the congestion price that maximizes throughput also maximizes total revenue.

I'm not sure his explanation is correct because he ignores drivers' sensitivity to price.  If they are relatively insensitive, then the revenue-maximizing toll will be higher than the through-put maximizing toll.

We have plenty of real-life examples. TxDOT charges tolls for SH45 even when traffic is light.

Market Urbanism has posted a fairly technical explanation why the congestion price that maximizes throughput also maximizes total revenue.

I'm not sure his explanation is correct because he ignores drivers' sensitivity to price.  If they are relatively insensitive, then the revenue-maximizing toll will be higher than the through-put maximizing toll.

We have plenty of real-life examples. TxDOT charges tolls for SH45 even when traffic is light.