Here's what I have picked up from various Advanced Aquarist articles. If we want to emulate light falling on a typical coral reef in the tropics:
On a typical sunny day, the light period is ~12 hours, however, light doesn't penetrate until the sun is about 15 degrees up from the horizon and light stops penetrating when the sun is ~15 degrees from setting, so ~10 hours of actual light penetrating the water. After light begins to penetrate the 'ramp up' towards higher intensity is a fairly short 1-2 hours, ditto for the 'ramp down'. High intensity of 5-6 hours is typical, with temporary reductions caused by the occasional cloud passage.
I've had very good results following a '10 hr total/6 hr high intensity' schedule in my small mixed coral reef tank. However, corals are adpatable so following nature exactly is not a requirement for success.