We study a model in f(R,G) gravity described as a linear combination of R and an exponential function of G. We constrain the dependent parameters H0 and the deceleration parameter q using the latest 77 points of the OHD data, 1395 points of the Pantheon, Gamma Ray Burst, Gold data (PGG) and the joint data OHD+PGG and compare the results with the ΛCDM. Also, we speculate constraints using a simulated data set for the future JDEM (Joint Dark Energy Mission)/Omega, supernovae survey. We see that our results in power law cosmology are a better fit with the PGG data than the earlier analysis (Kumar, 2012; Rani, 2015). However, the constraints obtained on H average, <H0> and q average, <q> using the simulated data set for the future JDEM/Omega, supernovae survey are found to be inconsistent with the values obtained from the OHD and the PGG data. Additionally, we discuss statefinder diagnostics and see that the power law models approach the standard ΛCDM model (q→−1). This model satisfies the Generalized Second Law of Thermodynamics. Finally, we conclude that the power law cosmology in f(R,G) gravity explains most of the distinguished attributes of evolution in cosmology.
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