One result is that instead of asking for money those panhandling may increase their use of shelter and soup kitchen services. Another possible result is that the relative payoff of petty crime may increase.
This could be a neat experiment for a city. Put homeless meters up in some part of the city and not in others. Also collect data from panhandlers (difficult, but I think doable). Do they move? Do people give more or less when meters are around? Does crime increase?
All sorts of things can happen. I don't think it's clear what the result will be if meters are installed in most busy places.
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