The operad studied in conformal field theory and introduced ten years ago b
y G. Segal [S] is built out of moduli spaces of Riemann surfaces. We show h
ere that this operad which at first sight is a double loop space operad is
indeed an infinite loop space operad. This leads to a new proof of the fact
that the classifying space of the stable mapping class group Z x B Gamma(i
nfinity)(+), is an infinite loop space after plus construction [T2]. This n
ew approach has various advantages. In particular, the infinite loop space
structure is more explicid.
Mathematics Subject Classification (1991): 55P47, 32G15, 81T40, 55R35.