Brown, Daniel T.2014-09-222014-09-222011-08-23http://udspace.udel.edu/handle/19716/13240In this brief article, we describe some of the main implications that economic theory and applications have on the Intelligent Transportation Systems (ITS). The intention is to provide a brief exposure to the theoretical details and practical implications regarding supply, demand, and traffic congestion, the value of time, the value of reliability, the cost of pollution.en-USThe Intelligent Transportation System (ITS)Supply, demand, and traffic congestionThe value of timeThe value of reliabilityThe cost of pollutionArticle