  We discuss the cooperative failure dynamics in the Fiber Bundle Model where
the individual elements or fibers are Hookean springs, having identical spring
constant but different breaking strengths. When the bundle is stressed or
strained, especially in the equal-load-sharing scheme, the load supported by
the failed fiber gets shared equally by the rest of the surviving fibers. This
mean-field type statistical feature (absence of fluctuations) in the
load-sharing mechanism helped major analytical developments in the study of
breaking dynamics in the model and precise comparisons with simulation results.
We intend to present a brief review on these developments.
