We study spin-wave interactions in quantum antiferromagnets by expressing the usual magnon annihilation and creation operators in terms of Hermitian field operators representing transverse staggered and ferromagnetic spin fluctuations. In this parameterization, which was anticipated by Anderson in 1952, the two-body interaction vertex between staggered spin fluctuations vanishes at long wavelengths. We derive a new effective action for the staggered fluctuations only by tracing out the ferromagnetic fluctuations. To one loop order, the renormalization group flow agrees with the nonlinear-$sigma$-model approach.