The optical response of radiatively coupled semiconductor multiple-qua
ntum-well structures is investigated theoretically. It is shown that t
he transverse optical field leads to a coupling of exciton states with
in each well which causes a radiative decay and a mixing of excitonic
resonances. Simultaneously, the field-induced long-ranged coupling bet
ween different wells leads to collective effects that are very sensiti
ve to the detailed geometry of the structure. For a quantum-well spaci
ng equal to an integer multiple of half the optical wavelength inside
the medium, it is predicted that the collective effects cause a stimul
ated decay of electronic excitations that should be observable in eith
er transmission or reflection geometry. On the other hand, in a quarte
r wavelength structure, the light-induced coupling causes an interwell
energy transport and a splitting of the excitonic resonances, that sh
ould be observable as quantum beats in the time-resolved transmitted o
r reflected signal.