We propose physical interpretations, also valid for temperatures different
from zero, for stochastic methods which have been developed recently to des
cribe the evolution of a quantum system interacting with a reservoir. As op
posed to the usual reduced density operator approach, which refers to ensem
ble averages, these methods deal with the dynamics of single realizations,
and involve the solution of stochastic Schrodinger equations. These procedu
res have been shown to be completely equivalent to the master equation appr
oach when ensemble averages are taken over many realizations. We show that
these techniques are not only convenient mathematical tools for dissipative
systems, but may actually correspond to concrete physical processes, for a
ny temperature of the reservoir. We consider a mode of the electromagnetic
field in a cavity interacting with a beam of two- or three-level atoms, the
field mode playing the role of a small system and the atomic beam standing
for a reservoir at finite temperature, the interaction between them being
given by the Jaynes-Cummings model. We show that the evolution of the field
states, under continuous monitoring of the state of the atoms which leave
the cavity, can be described in terms of either the Monte Carlo wavefunctio
n (quantum jump) method or a stochastic Schrodinger equation, depending on
the system configuration. We also show that the Monte Carlo wavefunction ap
proach leads, for finite temperatures, to localization into jumping Fock st
ates, while the diffusion equation method leads to localization into states
with a diffusing average photon number, which for sufficiently small tempe
ratures are close approximations to mildly squeezed states. We prove analyt
ically that, in the quantum jump situation, the system evolves in the mean
towards a Fock state, even if an infinite number of photon-number amplitude
s is present in the initial state.