Two treatments never compared head to head still have a comparison
implied by the trials each has against a common third: the consistency
assumption turns a set of unconnected pairwise meta-analyses into one
model with T - 1 free parameters. What is bought is a comparison
that no trial made; what is risked is that the assumption is false,
which is why the residual heterogeneity is reported alongside.
Details
Formula: y_i = d_{t2(i)} - d_{t1(i)} + u_i + e_i with d
of the reference treatment fixed at zero, Var(u) = tau^2 common
across contrasts, weights 1/(v_i + tau^2) – Salanti et al.
(2008) Section 3.
References
Salanti, G., Higgins, J. P. T., Ades, A. E. and Ioannidis, J. P. A. (2008). Statistical Methods in Medical Research 17(3):279-301. doi:10.1177/0962280207080643 .
