Rose lives in a poor country where she earns $5,000 per year. She has the opportunity to move to a rich country as a temporary worker for five years. Doing the same work, she’ll earn $35,000 per year in the rich country. The cost of moving is

$2,000, and it would cost her $10,000 more per year to live in the rich country.

Rose’s discount rate is 10 percent. Rose decides not to move because she will be separated from her friends and family.

Estimate the psychic costs of Rose’s move.