A two-photon laser is modeled as N two-level atoms interacting via a two-photon transition with a single resonant-cavity field mode. The quadratic form of this interaction makes such a system a candidate to exhibit reduced quantum fluctuations (squeezing) in one quadrature of the output field. A Fokker-Planck equation containing all leading quantum noise terms is derived following the method of Haken. A linearized fluctuation analysis reveals that there is no squeezing in a two-photon laser with injected signal. A small amount of squeezing may be present in two-photon optical bistability. Our calculations confirm the results of Lugiato and Strini, who adopted a factorization of moment equations.
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Reid et al. (1983) studied this question.
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