Just my tuppeny worth.
David this " tuppeny worth " its out even from the Google translations..
I am an practical man ... and I will even show an small denial to books , at list in this case.
I have test the 18000mcd and got 400mV
I will just spent , few cash , getting few of its rating , compare them , write down the outputs in mV.
And then I will have my own personal comparison chart ..
That for example it could be like :
18000mcd=400
15000mcd= 329
10000mcd= 50
5000mcd=3
It does not matter David the linearity , it does not matter the reference diode .. I personally believe that there are just two or three, LED manufactures worldwide ..
There is no point even using the word "reference ".
Still I will call as "reference " the latest and greatest LED .
This idea of my, its like an exercise for the mind ... I just started it , and any one who are interested ,
he can start experiment with it.
And my joy will be to see the response of others contributing to it .. like you do, but at not such high theoretical level .

Grab your DMM and start measurements ..

The all point are to verify those thousands of micro-candles (MCD) , some how.