Abstract: The purpose of our study is to understand the effects of the stigma associated with therapy in the final decision of people whether to seek psychotherapy or not. The study is based on a game-theoretical model which tries to explain the negative effects of the stigma on the total payoff one gets from therapy. The stigma arises from a lack of information on the importance of mental wellbeing. We hypothesise, and our data validates our claim that the people belonging to the age group of 18-25, are amongst the first generations to have received formal education on mental health and its importance, and thus we keep that age group out of our study. The model states that if the sum of the costs, namely the fear of judgement (direct stigma), the presumption of no real benefit arising from therapy (indirect stigma), and even the monetary cost, is more than the perceived benefit, people don’t seek therapy. To validate this model, we collect primary data of 251 respondents, filter out the responses of those belonging to the age bracket of 18-25 because of the reasons mentioned above, leaving us with 67 responses, enough to assume normality. We regress the variable, “Whether people consider seeking therapy in the future or not” on the following cost variables. The beta coefficients of the stigma cost variables come out to be significant and negative. Thus, our model correctly explains the reason why people may decide to not seek psychotherapy. Keywords: Mental Health, Stigma, Therapy, Game Theory