Chanchal Kumari, Dinesh Kumar

We investigate several phenomenological dark energy parameterizations using a joint analysis of late-time cosmological observations, including cosmic-chromatometer measurements of the Hubble parameter, DESI DR2 baryon acoustic oscillation data, and the Pantheon+ Type Ia supernova sample. Our results show that allowing for a time-varying dark energy equation of state significantly improves the overall fit compared to $Λ$CDM. The present-day equation-of-state parameter departs from the standard cosmological constant value. In contrast, the evolution parameter in two-parameter models tends to be negative, indicating a possible time dependence of dark energy. However, the constraints on the evolution remain moderate, and current data cannot clearly distinguish the specific functional form of dark energy. Model comparison using information criteria suggests that dynamical dark energy models are favored over $Λ$CDM, with the most straightforward one-parameter extension emerging as the most parsimonious scenario. These findings indicate a mild preference for dark energy evolution, though future high-precision observations will be required for definitive conclusions.