Correlated photons produced by spontaneous parametric
down-conversion are an essential tool for quantum communication,
especially suited for long-distance connections. To have a
reasonable count rate after all the losses in the propagation and
the filters needed to improve the coherence, it is convenient to
increase the intensity of the laser that pumps the non-linear
crystal. By doing so, however, the importance of the four-photon
component of the down-converted field increases, thus degrading
the quality of two-photon interferences. In this paper, we present
an easy derivation of this nuisance valid for any form of
entanglement generated by down-conversion, followed by a full
study of the problem for time-bin entanglement. We find that the
visibility of two-photon interferences decreases as V=1-2ρ,
where ρ is, in usual situations, the probability per pulse of
creating a detectable photon pair. In particular, the decrease of V is independent of the coherence of the four-photon term.
Thanks to the fact that ρ can be measured independently of V, the experimental verification of our prediction is provided
for two different configuration of filters.