Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)

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Research on the Purchase Intention and Behavior of Inherent Defects Insurance in Construction Quality: Evidence from China

Authors
Hongjuan Wu1, Ying Chen1, *, Pengpeng Xu1, Siyang Zhang1, Haona Yao1
1School of Management Science and Real Estate, Chongqing University, Chongqing, 400045, China
*Corresponding author. Email: 202203021114t@stu.cqu.edu.cn
Corresponding Author
Ying Chen
Available Online 19 December 2024.
DOI
10.2991/978-94-6463-598-0_71How to use a DOI?
Keywords
Theory of planned behavior; Inherent Defects Insurance; Purchase intention; Purchase behavior; Structural equation modeling
Abstract

Based on the Theory of Planned Behavior (TPB), a theoretical model of Inherent Defects Insurance (IDI) purchase intention and behavior was constructed. Data were collected through questionnaires and Structural Equation Modeling (SEM) was used to explore the factors influencing the intentions and behaviors of IDI purchase in construction units. The results indicate that subjective norms and perceived behavioral control have a direct impact on purchase intention, which, in turn, directly affects purchase behavior. These findings provide valuable theoretical insights for the formulation of policies aimed at enhancing construction units’ motivation for IDI insurance and promoting the development of IDI.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
19 December 2024
ISBN
978-94-6463-598-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-598-0_71How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hongjuan Wu
AU  - Ying Chen
AU  - Pengpeng Xu
AU  - Siyang Zhang
AU  - Haona Yao
PY  - 2024
DA  - 2024/12/19
TI  - Research on the Purchase Intention and Behavior of Inherent Defects Insurance in Construction Quality: Evidence from China
BT  - Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)
PB  - Atlantis Press
SP  - 654
EP  - 661
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-598-0_71
DO  - 10.2991/978-94-6463-598-0_71
ID  - Wu2024
ER  -