Addressing the rd tension using late-time observational measurements in a novel deceleration parametrization

This paper introduces a novel cosmological model aimed at probing the accelerated expansion of the late Universe through a unique parametrization of the deceleration parameter. We aim to constrain key cosmic parameters by integrating recent measurements of the Hubble parameter obtained from various observational methods, including cosmic chronometers, Type Ia Supernovae, Gamma-Ray Bursts (GRB), Quasars, and Baryon Acoustic Oscillations (BAO) from recent galaxy surveys. With a redshift range spanning $0.106<z<2.33$ and incorporating the latest Hubble constant measurement from Riess in 2022, our analysis yields optimal fit values for the Hubble parameter ($H_0$) and sound horizon ($r_d$). Notably, we uncover an inconsistency in $H_0$ values derived from late-time observational measurements, reflecting the well-known $H_0$ tension. In terms of $r_d$, while there is close agreement between Joint analysis and Joint analysis with R22, discrepancies arise upon gradual inclusion of BAO and BAO with R22 datasets. Our model demonstrates excellent fit to observed data and aligns well with the standard ΛCDM paradigm at higher redshifts. However, its most intriguing aspect lies in predicting a super-accelerated expansion in the distant future, in contrast to the de Sitter phase predicted by ΛCDM. Additionally, unique behaviors in the jerk parameter hint at novel dynamics beyond traditional cosmological models. Statefinder and $O_m$ Diagnostics tests were conducted, and comparison using the Akaike information criterion indicates neither model can be ruled out based on the latest observational measurements. These findings propose our cosmological model as a compelling alternative to ΛCDM, offering fresh insights into dark energy's nature and the cosmos' future.