We study the luminosity function of galaxies in Hickson groups using o
ur recent redshift survey of galaxies in and around 17 of these groups
. We find that the galaxies in these regions have a luminosity functio
n with M = -19.5 + 5 log h and alpha = -1.0, where M* and alpha are t
he usual parameters in the standard Schechter form of the luminosity f
unction and the magnitudes are measured in the B band. The formal 95%
confidence intervals for M and alpha range from (-19.3, -0.8) to (-19
.7, -1.2) and are highly correlated, as is usual for these fits. This
luminosity function for galaxies in our Hickson group sample is very s
imilar to that found in large surveys covering a range of environments
. These values are also consistent with our earlier estimates based on
a photometric analysis with statistical background correction and do
not support previous suggestions of an underabundance of intrinsically
faint galaxies in compact groups. We confirm our earlier finding that
the fainter galaxies are more diffusely distributed within individual
groups than the brighter ones. This can be interpreted either as evid
ence for mass segregation within the groups or as the result of the se
lection procedure for Hickson groups.