Abstract
We propose to implement a sub-shot-noise matter-wave interferometer via the stimulated dissociation of a molecular Bose-Einstein condensate and study the collisional loss of atom-molecule coherence during its phase-acquisition time. The obtained $n$-atom states are two-atom [SU(1,1)] coherent states with number variance $\ensuremath{\Delta}n\ensuremath{\propto}n$ compared to $\ensuremath{\Delta}n\ensuremath{\propto}\sqrt{n}$ for the spin [SU(2)] coherent states formed by coherent splitting of an atomic condensate. Consequently, the Lorentzian atom-molecule phase diffusion is faster than the Gaussian phase diffusion between separated atomic condensates by a $\sqrt{n}$ factor.
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