Forward Bow
With fall-away accounting for the visually prominent hump on the soundhole end of the fretboard, forward bow in the neck on the other side of the hump can really help to exaggerate the effect.
Forward bow in the neck readily occurs as a result of the tension of the strings relative to the stiffness of the neck. Under tension, the neck will tend to bow, or curl forward.
Additionally, an otherwise rigid or very stiff neck can be deliberately induced to bow forward by adjusting a dual-action truss rod, such as when adding relief.
NOTE: Relief refers to an ever-so-slight but deliberate forward bow in the neck intended to accommodate the path of the oscillating strings, preventing or mitigating the incidence of contact with the metal frets.
I have waxed philosophic on this topic of the "belief in relief," ad nauseum, including having dedicated a section to it in my article, » The Truss Rod. I fear I must digress yet once again to make a relevant point.
For an acoustic guitar neck whose fretboard extension is secured directly to the soundboard, it is a mistake to assume that the endpoints of the curve of the forward bow in the neck exist at the nut and the end of the fretboard. They do not. That is not where the bow is occurring.
The Range of Forward Bow in the Neck
On these guitars, with or without truss rods, the endpoints of the curve of the forward bow only exist from the nut (and sometimes as far forward as the 2nd fret) to the heel of the neck (which does not extend past the body joint). In other words, the forward bow of the neck is limited to an area of the fretboard that is shorter than its entire length.
So what? Why does this matter? An exaggerated forward bow (curl) in the neck, along with an exaggerated fall-away at the fretboard extension will create the illusion of a hump at the body joint.
In the image of the horse, below, do you see the metaphoric equivalent of a fretboard hump? It is a stretch, I realize, but humor me. Allow the horse's croup (above its back hips) to represent the headstock, and its neck to represent fall-away (taper) deliberately planed into the fretboard extension.
Are the horse's withers (above the front shoulders) raised higher than they were, yesterday? Does it exhibit a shoulder "hump?" Or, rather, does the "sway back" condition this horse suffers from (called "lordosis") create the illusion of a hump?
Swayback Horse
It bears repeating. The two factors responsible for the optical illusion often mistaken as a Fretboard Hump are:
Fall-away: On guitars whose necks attach at a steeper angle, the fretboard may be ramped slightly, away from the string path in an effort to mitigate string contact with the frets on the fretboard extension. On some guitars, for some players, failure to introduce fall-away may result in unwanted string to fret contact, especially where action (string height) has been set as low as possible, fretting is occurring high up the fretbaord, and/or the strings are strummed/plucked aggressively. Additionally, when a neck on one of these guitars is reset, the angle of incidence is most always increased (the plane of the neck tips back away from where it was prior to the reset).
The fretboard extension must be shimmed to compliment the change in geometry, and the fall-away may need to be increased so that the board does not protrude up into the oscillating string path. Simply bending the extension back down to be glued to the soundboard will really exaggerate the fall-away. This common repair misstep will surely exacerbate the illusion of a fretboard hump.
Forward neck bow: Forget the truss rod for a moment, and recognize that the strings are pulling the neck (most necks) into a forward bow (however slight), and that bow is typically anchored at the body joint - not at the end of the fretboard. Imagine looking at a profile view of the side of a 14-fret guitar, strings tightened: Starting at the nut, your eyes follow a concave curved path between the nut and (about) the 10th or 11th fret where the area between the 5th to 7th fret is at the bottom of the curve. Deliberately adding (or being unable to counter) an excessive amount of forward bow will introduce an obnoxious wave into the fretboard, a wave that will appear to crest at the body joint, contributing to the illusion of a hump.
When viewing a neck having both an exaggerated forward bow as well as fall-away, the area between the 14th and 15th fret will appear to be raised into a hump.
Wavy Fretboard
If you will keep any relief below 0.01″ (0.1 mm) and minimize fall-away, there will be little to no apparent hump effect. The more gap you introduce between the strings and the fretboard, the more pronounced the "hump effect" may appear.
In the case of a severe fall-away condition, it may be feasible to properly shim the fretboard extension and thereby diminish or remove the hump illusion.
Extremely slender or supple wooden necks may suffer deformation over time, where nothing short of fretboard (or sometimes even neck) replacement can correct the wave effect.