Wag the Dog

Governing German Rail from a Principal–Agent Perspective

authored by
Marian Döhler
Abstract

Ever since German Rail, the largest state-owned enterprise in Germany, was converted into a stock company in 1994, the federal government has been criticized for a lack of policy ambitions. From a principal–agent perspective, the federal government gives the impression of being a reluctant principal. The first objective is therefore to explain the strategic interaction between the federal government and German Rail since the 1990s. The second aim is to increase the explanatory power of the principal–agent concept by adopting a strand of literature in which the principal's unilateralism and diverging preferences—standard assumptions in the principal–agent literature—are complemented by strategic cooperation, confluence, and inverted principal–agent interactions. This conceptual redirection, which considers the impact of a broader range of actors involved, not only explains key events in German rail policy but also highlights the advances of an elaborated principal–agent concept.

Organisation(s)
Faculty of Humanities
Type
Article
Journal
European Policy Analysis
Volume
5
Pages
210-231
No. of pages
22
Publication date
27.11.2019
Publication status
Published
Peer reviewed
Yes
ASJC Scopus subject areas
Public Administration, Health Policy, Management, Monitoring, Policy and Law
Sustainable Development Goals
SDG 3 - Good Health and Well-being
Electronic version(s)
https://doi.org/10.1002/epa2.1049 (Access: Closed)