Many-body delocalization transition and relaxation in a quantum dot

We revisit the problem of quantum localization of many-body states in a quantum dot and the associated problem of relaxation of an excited state in a finite correlated electron system. We determine the localization threshold for the eigenstates in Fock space. We argue that the localization-delocalization transition (which manifests itself, e.g., in the statistics of many-body energy levels) becomes sharp in the limit of a large dimensionless conductance (or, equivalently, in the limit of weak interaction). We also analyze the temporal relaxation of quantum states of various types (a ``hot-electron state,'' a ``typical'' many-body state, and a single-electron excitation added to a ``thermal state'') with energies below, at, and above the transition.