I am trying to understand the notion of convex cones. So, here are my questions.
I can understand that the non-negative orthant, $\mathbb{R^n_+}$, defined as $\left\{ (x_1, \ldots, x_n) \in \mathbb{R}^n | x_i \geq 0, i = 1, \ldots,n \right\}$ is a convex cone. But I do not understand what is special about this.
This raises the following questions:
In $\mathbb{R}^2$, is every quadrant a convex cone?
What can we say about the octants in $\mathbb{R}^n$ in general? For example, the non-positive octant in $\mathbb{R}^3$?
I have split the question into two cases to avoid any special cases that might only be valid in $\mathbb{R}^2$.