Which Past Returns Affect Trading Volume

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Information, overconfidence and trading: Do the sources of information matter? (2012, background): “While models based on difference of opinion and overconfidence may seem to have distinct theoretical foundations, predictions are congruous when we recognize the psychological motivations (Glaser & Weber, 2007, 2009).”
Do Investors Trade More When Stocks Have Performed Well? Evidence from 46 Countries (2007, unknown): “Using data on individual investor accounts, Glaser and Weber (2005) find that past market returns have a larger effect on individuals trading than their past portfolio returns.”
Financial Overconfidence Over Time - Foresight, Hindsight, and Insight of Investors (2017, unknown): “…exceeds typical values in other studies on individual investors (Barber and Odean (2000): average 4.3, Goetzmann and Kumar (2008): average 4.7, Glaser and Weber (2009): average 6.8), but is still less than theoretically necessary to obtain a “well-diversified” portfolio (> 30 stocks, Statman,…”