Richard Thaler has won the 2017 Nobel Prize in Economics for his work in behavioural economics. Photo: Ramesh Pathania/Mint (Ramesh Pathania/Mint)

Why Narendra Modi needs to understand Richard Thaler

2 min read . Updated: 10 Oct 2017, 03:04 AM IST

Richard Thaler and Cass Sunstein’s ‘nudge’ could very well be of use to the Narendra Modi govt as it’s keen on changing citizen behaviour in areas as diverse as cleanliness and digital money