1. A method for adaptive display management with a computer, the method comprising: receiving one or more viewing environment parameters ( 505 ); receiving an effective luminance range for a target display ( 515 ); receiving an input image ( 507 ) comprising pixel values; generating a tone-mapped image ( 522 ) by mapping ( 520 ) with the computer intensity pixel values of the input image pixel values to intensity pixel values in the tone-mapped image, wherein generating the tone-mapped image is based on an original perceptually quantized (PQ) luminance mapping function and the effective luminance range of the display; generating a corrected PQ (PQ′) luminance mapping function ( 525 ) based on the one or more viewing environment parameters; generating a PQ-to-PQ′ mapping wherein a first codeword in the original PQ luminance mapping function is mapped to a second codeword in the corrected (PQ′) luminance mapping function according to the effective luminance range of the target display; generating an adjusted tone-mapped image ( 532 ) by mapping intensity values in the tone-mapped image ( 522 ) to intensity values in the adjusted tone-mapped image, wherein generating the adjusted tone-mapped image is based on the PQ-to-PQ′ mapping.