Economics in plant breeding: A case focusing on doubled haploid technology

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With increasing choices in technologies, decision makers responsible for allocating resources in plant breeding programs can benefit from using bioeconomic models. This paper illustrates how such a model works when doubled haploid technology is incorporated into a hypothetical lupin breeding program. The results derived from the model are presented in terms of seed prices required to achieve an 8% return on research. Doubled haploid technology will be used in a breeding program providing the price for seed produced using this technology is less than the seed market price and the estimated price for seed produced using alternative technologies.

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