Consider a situation in which two different moving magnets induce two different open circuit voltages in two different wires, and then these wires are tied together. One may naively assume that we are connecting two voltage sources together, and are facing a mathematical paradox. In reality, no mathematical paradox is posed, even if we assume that the wires are ideal, (i.e. without resistance).
The reason is that not only do the magnets create magnetic flux around the wires, but current also creates magnetic flux around the wires. Thus, when connected, and current is allowed to flow, the two wires no longer form ideal voltage sources.
The flow of current is associated with a proportional magnetic flux. This magnetic flux must be considered along with the flux of the magnets in order to determine the voltages induced in the wires. It will turn out that the voltage induced in both wires, when they are connected to form a closed circuit, is the same.
In the following model, I have replaced the moving magnets with coupled inductors fed by ideal current sources. These current sources produce (or appear with) a certain amount of flux in the coupled inductors. But current flowing through the wires between the left and right hand side of the circuit also produce (or appear with) a certain amount of flux in the coupled inductors. The two flux fields superpose, just as the flux from permanent magnets and from current superpose.
I have chosen current sources with different frequencies and different amplitudes, to model the magnets being of different strengths and not moving in unison.
simulate this circuit – Schematic created using CircuitLab
Here are the currents through the "primaries" of the coupled inductors:
Here is the current that goes between the two "secondaries" of the coupled inductors.
And here is the voltages across all of the inductors. Notice that the voltages are all the same, even though the primary currents, are different. (Remember that the primary currents represent the magnetic flux induced by the moving magnets, but not the total flux, because some of the flux is induced by the current flowing between the pairs of coupled inductors)
Can we study the real behavior of a circuit powered by two different voltages in parallel from two moving magnets in this case, without risk?
We can model the behavior, (as demonstrated above). We can also study the real behavior provided the current between the generators is not too high. The risk involved is that the current circulating between the generators will be excessive and cause them to burn out. However, if the difference in instantaneous open circuit voltages is small (which requires that they have the same frequency and nearly the same phase), then the current circulating between the generators will be correspondingly small.