I am struggling to understand what is going on inside the logic of an incident light meter in order to determine the exposure as opposed to a reflective light meter.
I understand that a reflective light meter assumes the measured spot to represent a middle gray tone, and accordingly displays exposure settings that will render the measured portion of the frame as a middle gray tone.
Now, when using an incident light meter, the meter should assume that the measured light is the same as that reflected by the subject. In order to provide a reading that will also render an 18% reflective object a middle gray tone in the photography, is it going to calculate that the measured incident light will be reflected by 18% by the subject, thus mulitplying the measured light intensity with 0.18 before treating it like a reflective light measurement?
In other words, assuming equal lighting conditions and an 18% gray card as a subject, in order for an incident and a reflective light metering to yield equal exposure settings, am I correct in assuming that the only difference of both modes is that in incident mode, a light meter needs to account for an assumed reflection of 18%, but otherwise works the same way as in reflective mode?
In this case, a light meter that is suitable for both modes would need to know what kind of measurement it is doing in order to yield correct results. For instance, according to the manual of Gossen Sixtomat F2, the only thing that a user needs to do to change between modes is to move the white dome accordingly. I assume that internally, there are switches to determine the position of the dome for the meter's electronics to distinguish between modes.
I wasn't able to find any related information in web searches. Maybe my understanding is fundamentally wrong, in which case I ask you to help me out...
Thank you. Leo