Correction

What Is the Principal-Agent Problem and Why It Matters

Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products

Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.

Role
Correction
Status
Accepted
Date
11 July 2026

Suggested change

Changed "estimated that the cost of defensive medicine in the United States was approximately <strong>$55.6 billion per year</strong>" to "estimated that total annual medical liability costs in the United States were approximately <strong>$55.6 billion per year</strong>, of which defen..."

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