Skip to main content

TL;DR

Computing Mixed Nash Equilibria: A canonical quantitative trading interview question at intermediate difficulty. Commonly asked at Jane Street, Citadel, SIG.

By Valenke Exam Prep Team·Last updated 2026-06-01
intermediateGame Theory & Strategy

Computing Mixed Nash Equilibria

Asked at: Jane Street, Citadel, SIG

Problem
In the game of Rock-Paper-Scissors with asymmetric payoffs — winning with Rock pays 3, winning with Scissors pays 2, winning with Paper pays 1, all losses pay -1 — find the unique mixed-strategy Nash equilibrium. Is the game still fair?

Ready to practice for the Valenke Finance Exam?

Adaptive practice powered by Item Response Theory targets your weak areas. Start with 3 free sessions.

Start free practice →