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Adele_L comments on "Stupid" questions thread - Less Wrong
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You could legalize eating tiger. This will prevent tiger extinction in the same way it prevented cow extinction, result in sending some guys with rifles into the jungle that you don't even pay for, and if that's not enough, you can still send guys with rifles to finish off the wild population, and they still will be less likely to go extinct than if you do nothing.
There are lots of reasons why farming cows is significantly easier than farming tigers.
Tiger meat would be much more expensive than beef, but there's still enough of a market for it to keep tigers from going extinct.
Not all animals can be domesticated for meat production. Jared Diamond discusses the question in "Guns, Germs and Steel". He calls it the Anna Karenina principle, and some of the factors influencing this are:
All of those just increase the cost; certainly they can make things infeasible for hunter-gatherers with per capita incomes of maybe $300 a year generously. But they are of little interest to people with per capitas closer to $30,000 and who are willing to pay for tiger meat.