We have measured on ps time scales the temporal behavior of the intensity n
oise of, and correlations between, orthogonally polarized modes in an optic
ally pumped VCSEL. Measurements were made in both the circular and the line
ar bases. Sub-ps optical pumping with circular polarization leads to positi
vely correlated intensity noise for emission in orthogonal linear polarizat
ions. Optical pumping with linear polarization leads to anti-correlated int
ensity noise for emission in orthogonal linear polarizations, due to random
orientation of linearly polarized emission. Intensity noise for circularly
polarized emission is uncorrelated or anti-correlated depending on spin-fl
ip rates which determine the strength of gain competition. We have generali
zed the theoretical treatment of San Miguel, Feng, and Moloney to successfu
lly model these phenomena. (C) 2001 Optical Society of America.