We studied predation and interspecific competition in two Microtus spe
cies (M. agrestis and M. epiroticus) using long term trapping and data
on predator diet in western Finland. In the study area, Microtus dens
ities fluctuated from ten to 100-fold and predator densities fluctuate
d more than ten-fold. M. epiroticus suffered more from predation than
M. agrestis, probably because densities in M. epiroticus patches were
higher than densities in M. agrestis patches making M. epiroticus more
profitable prey for patch-searching predators. The proportion of M. e
piroticus among all voles declined during the crash phase of the vole
cycle, at least partly as a result of predation. Breeding female voles
showed little spatial overlap and presumably competed for space at hi
gh densities. At low densities, interference competition through preda
tors may have been more important than space competition. The proporti
on of the smaller species M. epiroticus in the total number of all vol
es increased rapidly with increasing vole densities. This could be due
to more aggregated way of life which gives an advantage in competitio
n for space. Predation reduced the time for space competition to short
periods, and decreased periodically the proportion of the more succes
sful competitor. Thus, the coexistence of the two vole species seemed
to be predator-induced. In this sense predation was a more important f
actor.than interspecific competition.