In a biotic environment, current reproduction will affect future population
sizes, but these future changes may also affect the optimality of current
reproductive decisions. We investigate the dynamics of predator-prey cycles
if both predators and prey respond to each other's (and their own) populat
ion density by adjusting their breeding effort. We find that adaptive breed
ing strategies of predators can produce equally profound changes to the dyn
amics as those produced by analogous strategies of their prey. Contrary to
earlier, more limited models, we find that breeding suppression can be eith
er destabilizing (i.e., generating cycles or chaotic behavior) or stabilizi
ng, in cases where predators, prey, or both can adopt adjustable strategies
. The direction of change depends on the shape of the density dependence in
the growth rates, as well as how it is affected by the breeding decisions.
We discuss these findings in light of the Fennoscandian vole cycle, where
antipredatory behavior of voles has been evoked to explain some properties
of the cycle, and where many predators show pronounced variability in their
breeding effort according to the phase of the cycle.