We present in this paper a differential version of Mirzakhani's recursion relation
for the Weil-Petersson volumes of the moduli spaces of bordered Riemann surfaces. We
discover that the differential relation, which is equivalent to the original integral
formula of Mirzakhani, is a Virasoro constraint condition on a generating function for
these volumes. We also show that the generating function for psi and kappa_1 intersections
on the moduli space of stable algebraic curves is a 1-parameter solution to the KdV
hierarchy. It recovers the Witten-Kontsevich generating function when the parameter is set
to be 0.