Local (z = 0.1) BHMF (left panel) and ERDF (right panel) for type-1 AGN predicted by the model with ϵ = 0.07 (solid black thick lines). The BHMF is computed taking λ_min = 0.01 and 0.1. The ERDF is computed for M_min = 10⁶M_⊙. Red points are the distribution functions derived by Schulze & Wisotzki (2010) directly from data, while thin red lines are their best fits, taking the sample selection function into account.