Author order has been discussed extensively on this site, e.g. here, but these typically focus on the first author. I'm curious as to the meaning of the last author in various fields.
In (theoretical, non high-energy) physics, the last author is typically the one who conceived and directed the project, but may not have done the actual work of performing experiments/simulations/calculations (that would be the first author). The last author usually is someone more senior, but is not necesarily the PI or the most senior author. In fact, one often sees physics papers with a postdoc as the last author and the PI as a middle author. In fields with this convention (which I'll call "last=project leader"), last authorship is as coveted as first authorship, and it is desired for people at the postdoc/early faculty stage of their career to produce last-author papers, as it demonstrates leadership and ability to come up with ideas.
It seems that there are also other conventions. For example, my impression is that there exists a similar but distinct convention: the "last=PI" convention, where the last author is by default the PI, and doesn't come with any connotation of level of intellectual contribution, or the same strong significance attached to the first author position.
As a (possible) example of the difference between these conventions: in physics (or fields with the same convention) a junior person who performed a major leadership role might be "promoted" to last author, while in fields with the "last=PI" convention, they might be promoted to first or co-first author instead.
And (in some fields?) there is the "decreasing-contribution" system, where authors are simply arranged in order of level of contribution and hence the last position would just be the least important one.
So, among fields where author order is non-alphabetical, which follow the "last=project leader" vs "last=PI" vs "decreasing contribution" conventions? Are there possibilities other than these?