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)