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Dr Michela Faccioli

Dr Michela Faccioli

Research Fellow in Environmental Economics/SWEEP Impact Fellow

6690

+44 (0)1392 726690

LEEP, 1st floor
Xfi Building, University of Exeter, Rennes Drive, Exeter, EX4 4ST, UK

Michela is a post-doctoral Research Fellow at the Land, Environment, Economics and Policy (LEEP) Institute at the University of Exeter. Her main research focuses on the economic valuation of the environment to quantify and monetize the benefits that society obtains from the conservation of the natural environment. This information is useful in cost-benefit analysis and for the design of natural capital accounts for the support of policy-makers and businesses in decision-making involving the environment.

Michela received her PhD in Applied (Environmental) Economics from University of the Balearic Islands (Spain) in 2015. She took up a post-doc position in the Social, Economic, Geographical Sciences Research Group at the James Hutton Institute (Scotland) in 2015, and in 2018 joined the Land, Environment, Economics and Policy (LEEP) research group at the University of Exeter. 

Nationality: Italian

Links

Research interests

  • Non-Market Valuation: Stated Preferences and Revealed Preferences
  • Discrete choice experiments and choice modelling
  • Natural Capital Accounting
  • Time preferences
  • Uncertainty and risk attitudes
  • Climate change
  • Wetlands, peatlands, farmland, forests, natural parks

Michela’s research focuses on the economic valuation of the environment to understand and quantify (in monetized terms) the non-market benefits and values that society obtains from the conservation of the natural environment. This information can be useful to inform cost-benefit analysis about the profitability of future policies to maintain, enhance or restore habitats. It can also inform the design of natural capital accounts, which summarize information about the ‘environmental’ performance of businesses and public decision-makers over time. 

In her research, Michela has mostly used discrete choice experiments to explore people’s preferences (choices) for environmental goods and services. In her projects, often designed in a climate change setting, Michela has investigated recreationists’ preferences for biodiversity (birds) conservation in wetlands, the public’s willingness to pay for peatland restoration and people’s preferences for the protection of biodiversity (birds) and water ecological conditions in farmland areas. Methodologically, her research interests include the effect of risk and uncertainty on stated preferences for environmental outcomes, the sensitivity of preferences to the timing of outcome provision and, more recently, framing effects and individuals’ choice strategies in different choice contexts. 

Research projects

Current research projects (main):

  • South West Partnership for Environmental and Economic Prosperity (SWEEP, NERC-funded project)
    •  Natural Capital Accounts for South West Waters and Dartmoor and Exmoor National Parks
    • Recreational demand modelling 
    • Design of mechanisms to incentivise farmers to adopt more sustainable agricultural practices 
  • Updating of the Woodland Valuation Tool (Forestry Commission-funded project)

Past research projects (main):

  • Climate change effects on tourist demand. Empirical evidence and adaptation measures (Spanish Government-funded project)
    •  Challenges in economic valuation of wetland protection under climate change impacts (PhD project)
  • PROVIDE project (EU-H2020 project) exploring mechanisms for a smart delivery of public goods from agriculture and forestry in the EU.
  • Scottish Government Rural Affairs and Environment Strategic Research Programme (RESAS) 2016-2021 (Scottish Government-funded project)
    • RD 1.4.1. Natural Asset Register and Natural Capital Accounts
    • RD 1.1.4.Soil Management  (Monetary valuation of Ecosystem Services from  Peatlands)
    • CxC project on the cost-effectiveness of peatland  restoration

Key publications | Publications by category | Publications by year

Publications by category


Journal articles

Tinch R, Beamont N, Sunderland T, Ozdemiroglu E, Barton D, Bowe C, Börger T, Burgess P, Cooper N, Faccioli M, et al (2019). Economic valuation of ecosystem goods and services: a review for decision makers. Journal of Environmental Economics and Policy, 8, 359-378. Full text. DOI.
Faccioli M, Kuhfuss L, Czajkowski M (2018). Stated Preferences for Conservation Policies Under Uncertainty: Insights on the Effect of Individuals’ Risk Attitudes in the Environmental Domain. Environmental and Resource Economics Full text. DOI.
Torres C, Faccioli M, Riera Font A (2017). Waiting or acting now? the effect on willingness-to-pay of delivering inherent uncertainty information in choice experiments. Ecological Economics, 131, 231-240. Abstract. DOI.
Faccioli M, Hanley N, Torres C, Font AR (2016). Do we care about sustainability? an analysis of time sensitivity of social preferences under environmental time-persistent effects. J Environ Manage, 177, 356-364. Abstract.  Author URL. DOI.
Faccioli M, Riera Font A, Torres Figuerola CM (2015). Valuing the recreational benefits of wetland adaptation to climate change: a trade-off between species' abundance and diversity. Environ Manage, 55(3), 550-563. Abstract.  Author URL. DOI.
Brida JG, Osti L, Faccioli M (2011). Residents' perception and attitudes towards tourism impacts: a case study of the small rural community of Folgaria (Trentino - Italy). Benchmarking, 18(3), 359-385. Abstract. DOI.
Faccioli M (2011). Youth's perception of tourism impact: Policy implications for Folgaria (Italy). International Journal of Tourism Policy, 4(1), 1-35. Abstract. DOI.

Reports

Faccioli M, Bateman IJ (2019). Updating the Woodland Valuation Tool: a review of recent literature on the non-market values of woodlands. Abstract.  Full text.
Binner A, Smith G, Faccioli M, Bateman I, Day B, Agarwala M, Harwood A (2018). Valuing the social and environmental contribution of woodlands and trees in England, Scotland and Wales. Second edition: to 2018., Land, Environment, Economics and Policy Institute (LEEP) University of Exeter Business School. Abstract.  Full text.

Publications by year


2019

Tinch R, Beamont N, Sunderland T, Ozdemiroglu E, Barton D, Bowe C, Börger T, Burgess P, Cooper N, Faccioli M, et al (2019). Economic valuation of ecosystem goods and services: a review for decision makers. Journal of Environmental Economics and Policy, 8, 359-378. Full text. DOI.
Faccioli M, Bateman IJ (2019). Updating the Woodland Valuation Tool: a review of recent literature on the non-market values of woodlands. Abstract.  Full text.

2018

Faccioli M, Czajkowski M, Glenk K, Martin-Ortega J (2018). Environmental attitudes and place identity as simultaneous determinants of preferences for environmental goods.  Abstract.
Faccioli M, Kuhfuss L, Czajkowski M (2018). Stated Preferences for Conservation Policies Under Uncertainty: Insights on the Effect of Individuals’ Risk Attitudes in the Environmental Domain. Environmental and Resource Economics Full text. DOI.
Binner A, Smith G, Faccioli M, Bateman I, Day B, Agarwala M, Harwood A (2018). Valuing the social and environmental contribution of woodlands and trees in England, Scotland and Wales. Second edition: to 2018., Land, Environment, Economics and Policy Institute (LEEP) University of Exeter Business School. Abstract.  Full text.

2017

Faccioli M, Kuhfuss L, Czajkowski M (2017). Stated preferences for Conservation Policies under Uncertainty: Insights on Individuals' Risk Attitudes in the Environmental Domain.  Abstract.  Author URL.
Torres C, Faccioli M, Riera Font A (2017). Waiting or acting now? the effect on willingness-to-pay of delivering inherent uncertainty information in choice experiments. Ecological Economics, 131, 231-240. Abstract. DOI.

2016

Faccioli M, Hanley N, Torres C, Font AR (2016). Do we care about sustainability? an analysis of time sensitivity of social preferences under environmental time-persistent effects. J Environ Manage, 177, 356-364. Abstract.  Author URL. DOI.

2015

Faccioli M, Riera Font A, Torres Figuerola CM (2015). Valuing the recreational benefits of wetland adaptation to climate change: a trade-off between species' abundance and diversity. Environ Manage, 55(3), 550-563. Abstract.  Author URL. DOI.

2011

Brida JG, Osti L, Faccioli M (2011). Residents' perception and attitudes towards tourism impacts: a case study of the small rural community of Folgaria (Trentino - Italy). Benchmarking, 18(3), 359-385. Abstract. DOI.
Faccioli M (2011). Youth's perception of tourism impact: Policy implications for Folgaria (Italy). International Journal of Tourism Policy, 4(1), 1-35. Abstract. DOI.

External positions

  • James Hutton Institute Honorary Research Associate