In this work, a two-fluid interacting model in a flat FLRW universe has been
studied considering particle creation mechanism with a particular form of
particle creation rate Ξ=Ξ0βH+HΞ1ββ from different
aspects. Statistical analysis with a combined data set of SNe Ia (Supernovae
Type Ia) and Hubble data is performed to achieve the best-fit values of the
model parameters, and the model is compatible with current observational data.
We also perform a dynamical analysis of this model to get an overall
qualitative description of the cosmological evolution by converting the
governing equations into a system of ordinary differential equations
considering a proper transformation of variables. We find some non-isolated
sets of critical points, among which some usually are normally hyperbolic sets
of points that describe the present acceleration of the Universe dominated by
dark energy mimicking cosmological constant or phantom fluid. Scaling solutions
are also obtained from this analysis, and they can alleviate the coincidence
problem successfully. Finally, the thermodynamic analysis shows that the
Generalized second law of thermodynamics is valid in an irreversible
thermodynamic context.Comment: 26 pages, 14 captioned figure