The nonequilibrium tunneling center model of a localized electronic level coupled to a fluctuating two-state system and to two electronic reservoirs is solved via an Anderson-Yuval-Hamann mapping onto a plasma of alternating positive and negative charges time ordered along the two Keldysh contours needed to describe nonequilibrium physics. The interaction between charges depends both on whether their time separation is small or large compared to a dephasing scale defined in terms of the chemical potential difference between the electronic reservoirs and on whether their time separation is larger or smaller than a decoherence scale defined in terms of the current flowing from one reservoir to another. A renormalization group transformation appropriate to the nonequilibrium problem is defined. An important feature is the presence in the model of a new coupling, essentially the decoherence rate, which acquires an additive renormalization similar to that acquired by the energy in equilibrium problems. The method is used to study interplay between the dephasing-induced formation of independent resonances tied to the two chemical potentials and the decoherence which cuts off the scaling and leads effectively to classical long-time behavior. We determine the effect of departures from equilibrium on the localization-delocalization phase transition.
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