%0 Journal Article %T NNLO QCD corrections to event shape variables in electron positron annihilation %A Ridder %A A. Gehrmann-De %A Gehrmann %A T. %A Glover %A E. W. N. %A Heinrich %A G. %J High Energy Physics - Phenomenology %D 2007 %I %R 10.1088/1742-6596/110/2/022014 %X Precision studies of QCD at electron-positron colliders are based on measurements of event shapes and jet rates. To match the high experimental accuracy, theoretical predictions to next-to-next-to-leading order (NNLO) in QCD are needed for a reliable interpretation of the data. We report the first calculation of NNLO corrections O(alpha_s^3) to three-jet production and related event shapes, and discuss their phenomenological impact. %U http://arxiv.org/abs/0709.4221