We define a measure of "complexity" of a braid which is natural with respect
to both an algebraic and a geometric point of view. Algebraically, we modify
the standard notion of the length of a braid by introducing generators
Δ_ij, which are Garside-like half-twists involving strings i
through j, and by counting powered generators Δ_ijk as
log(∣k∣+1) instead of simply ∣k∣. The geometrical complexity is some
natural measure of the amount of distortion of the n times punctured disk
caused by a homeomorphism. Our main result is that the two notions of
complexity are comparable. This gives rise to a new combinatorial model for the
Teichmueller space of an n+1 times punctured sphere. We also show how to
recover a braid from its curve diagram in polynomial time. The key r\^ole in
the proofs is played by a technique introduced by Agol, Hass, and Thurston.Comment: Version 2: added section on Teichmueller geometry, removed section on
train track