The density-matrix renormalization group is used to study the phase diagram of the onedimensional half-filled Hubbard model with on-site (U ) and nearest-neighbor (V ) repulsion, and hopping t. A critical line Vc(U ) ≈ U/2 separates a Mott insulating phase from a charge-densitywave phase. The formation of bound charge excitations for V > 2t changes the phase transition from continuous to first order at a tricritical point Ut ≈ 3.7t, Vt = 2t. A frustrating effective antiferromagnetic spin coupling induces a bond-order-wave phase on the critical line Vc(U ) for Ut < U < ∼ 7t.PACS numbers: 71.10. Fd, 71.10.Hf, 71.10.Pm, 71.30.+h The properties of quasi-one-dimensional materials have been extensively studied in recent years [1,2,3]. These materials exhibit rich phase diagrams and display unusual optical properties due to the combination of reduced dimensionality and strong electronic correlations. Consequently, much effort has been devoted to understanding the ground-state and optical properties of theoretical one-dimensional correlated electron systems such as the half-filled Hubbard model with on-site (U ) and nearest-neighbor (V ) repulsion and hopping term t. Nevertheless, the ground state phase diagram of this model is still controversial [4,5,6,7,8,9,10]. It is known [4] that the system is a Mott insulator for U > ∼ 2V and a charge density wave (CDW) insulator for U < ∼ 2V . The quantum phase transition is continuous at weak coupling (U, V ≪ t) and first order at strong coupling (U, V ≫ t). Numerically [4,5,10], one finds that the order of the transition changes at a tricritical point (U t , V t ) with V t /t ≈ 1.5 − 2.5, but this feature is not well understood. Recently, it has been proposed [8, 9, 10] that a bond-order-wave (BOW) phase exists between the Mott and CDW phases up to the tricritical point. Concurrently, the optical properties of this model have been determined in the Mott insulating phase [11,12,13,14,15]. In particular, it has been found that the lowest optical excitations consist of a pair of independent charge excitations for V ≤ 2t, while they are bound states for V > 2t. Surprisingly, the remarkable proximity of the tricritical point to the boundary between bound and free charge excitations has not been noticed until now.Here I investigate the ground-state phase diagram of the half-filled one-dimensional extended Hubbard model in the repulsive regime using the density-matrix renormalization group (DMRG) [16]. I show that the nature of the low-lying charge excitations determines the order of the transition and the position of the tricritical point. A BOW phase is found only at intermediate coupling on the critical line V c (U ) between Mott and CDW phases.The model is defined by the HamiltonianHereĉ + l,σ ,ĉ l,σ are creation and annihilation operators for electrons with spin σ =↑, ↓ at site l = 1, . . . , N,n l,σ = c + l,σĉ l,σ , andn l =n l,↑ +n l,↓ . I exclusively consider systems with an even number N of sites. At half filling the number of electrons equals N . The interaction is repul...