A realistic approach to quantum nonlocality is proposed, and four experiments that can be used to test this approach, using pairs of correlated photons are discussed. The first experiment proposed would allow us to investigate the role of the interaction of a quantum system with a macroscopic apparatus (detector) in the so-called collapse of the state vector. The second would investigate the interaction with a polarizer. Following the line of the second, the third experiment raises questions concerning the partial collapse of the state vector. The fourth suggests ways of investigating some possible properties of the superluminal interaction needed to explain nonlocality according to realism. The extension of this approach to include pairs of photons produced via parametric down-conversion of light is discussed. (author). 57 refs, 19 figs.