Comment by usrusr
1 year ago
Privatization has brought some truly crazy incentives into the spotlight. Like how bridge maintenance is paid by the company, but when a worn out bridge needs replacing it's suddenly a government investment.
I consider it safe to assume that the reason for this is that it had been just the same when it was still a government org, but a government org will see its responsibilities very different from a company eagerly cosplaying shareholder-value while the sole shareholder happens to be the government they can freely rip off because of an ongoing legacy approach to the principal-agent problem.
As for delays, I think one reason, besides lack of maintenance and the massive interdependence in that large network that allows neither a star nor a main axis simplification is the high speed Autobahn: if they weren't overambitious in terms of travel times they would perhaps put bigger time buffers in their schedule and that would certainly help a lot.
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