Luminosity function — the series
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A count with a knee in it
Count galaxies by luminosity and the answer is a power law at the faint end and an exponential cut-off at the bright one. Almost every galaxy is a dwarf; almost none of the light is in one; and the bend between those two statements is where galaxy formation stops being efficient.
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The count theory predicts, and the inference it costs
A luminosity function is measured. A stellar mass function is inferred, one galaxy at a time, through a ratio that runs by a factor of six from the bluest galaxies to the reddest — so the conversion changes the shape and not merely the units.
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Two counts that are not the same shape
Dark matter halos are counted by a calculation that knows nothing about stars. Galaxies are counted by a survey. Laid on the same axes the two curves disagree at both ends and agree nowhere, and the knee is where the two disagreements hand over.
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The same census, taken in two places
Fit a Schechter function to a rich cluster and to the field around it and the two come back with different slopes and different knees. Both differences are real, and neither can be read as a cause — a cluster's galaxies are also redder, and the same photometry measures both.