Abstract
A three-site mesoscopic ring provides an ideal setting for an exact calculation of the bond current when the ring is threaded by an Aharonov-Bohm flux. The bond current is a measurable outcome of the coherent properties of the quantum phase. However the coherence is impeded by noise when the ring is put in contact with an environment. This coherence-to-incoherence transition is analyzed in detail here for both classical (Gaussian and telegraphic) and quantum noise and a comparative assessment is made when the quantum noise is governed by a spin-boson Hamiltonian of dissipative quantum mechanics.