Using a set of high-quality MBE grown samples, a systematic study of b
i- and bound-excitons in wide-gap II-VI quantum wells is carried out f
or the first time. The assignment of low-energy photoluminescence line
s to these complexes is accomplished by their characteristic polarizat
ion properties in a magnetic field. The binding energy of the bi-excit
on increases with growing band offset. A similar tendency is found for
the bound-exciton, however, with generally smaller binding energies.
The larger values found for the bi-exciton are attributed to localizat
ion on alloy fluctuations which is qualitatively confirmed by density
functional calculations. Time-resolved photoluminescence is used to st
udy the formation and decay kinetics of bi-excitons.